Editor Insights

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.

With most capital already deployed, sponsors and LPs are tailoring personnel, triggers and remedies to individual assets in continuation vehicles.

APAC has been waiting for an uptick in secondaries volume similar to that of North America and Europe, particularly when it comes to GP-leds. Right now, no one would be surprised if activity stalled completely.

More secondaries investors are doubling down through CV-on-CV transactions, bringing price discovery and other potential conflicts into sharper focus.

Continuation vehicles are succeeding because they’re solving real problems for LPs.

A new name at the top of SI 50 shows how consolidation is changing the competitive landscape in the buyer universe.

Senior secondaries execs have made some bold predictions for market volume by 2030. There are, however, hurdles to consider when looking at the future of the market.

Blackstone Strategic Partners anchored EQT’s new AI Infrastructure Fund. Once again, secondaries has created a blueprint for loftier goals.

Hollyport Capital has chosen to remain independent, accepting the backing of Blue Owl in a move that reflects how the industry’s growth is likely to be fuelled.

Market volatility only tells part of the story of the GP-led market’s domination in the first six months of the year, with fundraising and expansion into new asset classes also driving growth.