Editor Insights

The firm’s $22.7bn haul this week comes at a time when institutional investors are assessing the opportunity cost of their investments.

Advisories with secondaries capabilities are proving particularly attractive in the race to offer clients a one-stop-shop.

In 2023, continuation funds spread to geographic markets anew and niche strategies such as impact funds, while increasingly involving complex situations and assets.

Two historic fundraises in the space of a week tell us much about where real estate investors see opportunities for returns in a fractured market.

As we approach the end of 2023, here are three areas to keep an eye on – and yes, they all relate to the secondaries market’s capitalisation.

Continuation funds are now part of the private markets play book. MassPRIM has approved a policy that will give its investment team more flexibility to back these vehicles as the opportunity rolls in.

The secondaries market is burgeoning with new entrants and LP interest. Buyers are clamouring for lead buyer status, but does it pay to be hyperbolic if there are contracts to back up the facts?

Fund finance is no stranger to the secondaries market, and recent developments suggest participants should keep an eye on how this market evolves.

British defined benefit pension schemes have been selling private markets exposure over the past year, though not under duress.

Affiliate title Private Equity International is accepting submissions across 12 secondaries categories in the PEI Awards 2023.