Private credit

Arcmont sees ‘an enormous benefit’ to the burgeoning credit secondaries market and is open to dealing with its traditional private debt competitors in the future, CEO Anthony Fobel tells Secondaries Investor.

The investment bank has hired four people, two of whom are coming from PJT, Secondaries Investor understands.

A valuable product at a discount, eliminating the J-curve and a chance to exploit inefficiency are among buyers’ priorities.

PEI Group’s latest GP-led Secondaries report uncovers what comes next for this burgeoning corner of the market.

LPs are taking an increasingly proactive approach to the secondaries market, while CVs will represent 10-20% of PE exits, managing partner Yann Robard said at NEXUS 2026.

While Apollo S3 is open to making acquisitions, it is likely to continue to build its secondaries platform via organic growth, co-head Steve Lessar said at PEI’s NEXUS conference.

Carlyle is looking to raise $200 billion-plus of capital inflows by 2028, with ambitious targets also set for private equity and global credit.

The ability to select assets and ensure alignment with GPs will support the performance of credit GP-led deals, according to Olga Kosters, head of credit secondaries at Antares.

From increased LP selling to a new normal for CVs, here are some of the events that attendees at PEI Group’s NEXUS 2026 conference expect to see in the secondaries market this year.

‘Today’s market for secondaries has evolved to a market of asset selection and cherry picking,’ Ardian’s Wilfred Small told attendees at PEI’s conference.