Editor Insights

Achieving scale in infra secondaries

The sub-asset class has been described as one of the most undercapitalised private market strategies – while estimates for future growth are high, there are structural elements to consider.

Secondaries’ superstars

Secondaries Investor’s Next Gen Leaders list 2026 will provide clues about the future of the market’s growth.

CVs’ about-turn

Some LPs have expressed scepticism around the return potential of LP-led secondaries, while interest in CVs is heating up.

In defence of valuations

Senior execs have been working to spell out why secondaries mark-up practices make sense following public scepticism from peers.

The CV blueprint expands

Secondaries Investor’s latest CV deal log shows activity broadening across segments, transaction types and asset classes.

The cost of doing business

Lazard’s acquisition of Campbell Lutyens proves scale matters. While there’s room at the top for more players, success will come with a price tag.

Semi-liquids’ valuation conundrum

Apollo chief executive Marc Rowan’s comments this week point to a messy situation involving three of private markets’ hottest trends.

CVs are not struck out of 401(k) plans

While the US Department of Labor’s March proposal flagged CVs as an area of concern in 401(k) plans, it should not be taken as a signal to rule them out.

Diversification at the fore of fundraising

Four debut strategies – including three focused on single-asset CV investments – ranked among the top 10 fundraises in Q1 2026. As LPs seek diversification, expect to see more of these funds drive figures.

The alignment issue

Secondaries Investor will launch its inaugural Global Market Survey next week. While there’s agreement on the market’s future growth, there are diverging views on alignment.