Asset classes

HarbourVest and Goldman Sachs are understood to be the lead buyers on the multi-asset continuation fund and a single-asset continuation fund, respectively.

The firm is considering the strategy at a time when several traditional private equity buyout firms have expanded their capabilities into GP-led secondaries, while others are making moves into the space.

Conference-goers at the BVCA’s secondaries conference this week mulled over the market’s future, with bifurcation at the heart of some predictions.

Andrew Ward joins Mike Catts as one of two partners in the firm’s New York office.

LGT partner Martha Heitmann discusses the firm’s flagship and single-asset strategies, opportunities in the smaller end of the secondaries market and predictions for GP-led activities in 2025.

Secondaries were seen as offering the best investment opportunities for about 28% of LPs this year, up from 24% in 2023, according to a survey from Adams Street Partners.

The firm’s Partnership Solutions business will back single- and concentrated multi-asset CVs and will also be co-led by a two-decade veteran of the private equity giant.

In this 8-minute video, Yann Robard, founder and managing partner at the liquidity specialist, comments on the importance of relationships in private markets and the evolution of the private markets ecosystem.

Alaska Permanent Fund’s deputy CIO for private markets, Allen Waldrop, explains why the SWF has been a buyer in the CV market and has not been a seller even when it has been overallocated to PE.

In this 10-minute video, the founders of Coller Capital and Dawson Partners discuss their predictions for annual deal volume by 2030 and how LP-GP alignment could be affected.