The past year has seen an evolution in the advisory space as co-advisory mandates have become an increasingly common outcome with advisers divvying up services on deals, according to Secondaries Investor’s latest survey of intermediaries.
Access the Secondaries Investor Advisory Survey 2025, as well as surveys stretching back to 2015, by clicking on the tiles below.
LATEST SECONDARIES INVESTOR HEADLINES
Ardian, HSBC and StepStone lead Nordic’s near €2bn multi-asset CV
CVC Secondary Partners is also backing the deal, which is expected to close in late Q4, PEI Secondaries Investor has learned.
Make or break the relationship
Small- and mid-sized GPs are following their larger peers to the CV market at a clip – relationship management within their LP base, however, is arguably a more thorny issue.
A legacy approach to CVs: Hollyport seeks strong assets following longer holds
The tail-end specialist – which PEI Secondaries Investor understands has raised $1.5bn for its latest GP-led programme – looks to back assets that have more to show after five-plus years in a fund, Steve Nicholls and Catherine Badour say.
Inside PEI Group’s inaugural Private Markets 100 ranking
Read our full report for details of the 100 firms that make the ranking as well as our insight and analysis of each constituent asset class: private equity, private credit, infrastructure, real estate and secondaries.
Going hybrid: A new solution for a complex market
Hybrid capital appears to be having a moment. The strategy’s knack for complex deals at a time of market disruption is juicing demand – including among liquidity-strapped GPs.