What's the best structure for capital raising during a recession?

[Badri Malynur]

Hello all,
As we approach what is very likely a recession or at the very least the economy slowing down what structure (syndication,  SPV,  fund, fund of funds) do you think would work best for capital raising?
Investors  are more reluctant to make single large investments, tend to seek diversification and seek out trusted advisors and a portfolio that has more points of liquidity during times of recession. I feel investors will migrate more away from syndications towards funds as funds provide a better solution. 

Fund of funds especially customizable funds like those provided by Avestor offer investors the ability to pick and choose which investment they want and how much they want to invest in each deal and have multiple points of liquidity.  Customizable Fund managers also can play the role of a trusted advisor and build a well balanced portfolio for investors  that is custom built for each investor instead of trying to sell them one deal at a time.  

Investors are more sensitive to overhead costs during times of recession. Customizable funds are also a lot cheaper and have less overhead compared to doing one syndication deal at a time and combine the best features of syndications and funds. 

Thoughts?