The single-asset secondaries market within infrastructure is blooming. However, discipline, alignment and entry valuations remain critical to ensuring buyers bag a good deal, writes Stafford’s William Greene.
4 min read · 07 August 2026
The RMB secondaries market has concluded its first full cycle. While there are opportunities to be had, there are risks to be overcome to ensure sought-after returns, writes Nebula Advisors’ Stanley Geng.
4 min read · 23 July 2026
The real challenge appears operational rather than structural from a geographical standpoint, writes Winston & Strawn’s Yulia Makarova.
4 min read · 28 May 2026
Critics argue CVs entrench managers or delay inevitable exits. However, structured with transparency and fairness, these funds align interests rather than obscure them, writes AEA Investors’ and Painswick Capital’s John Garcia.
4 min read · 15 April 2026
Holding on to laggard assets may conflict with the core objective of PE: maximising time-weighted returns for LPs, writes Adam Spence, of Partners Capital.
4 min read · 12 February 2026
Sovereign funds and insurers are using third-time-round fund stake transactions as part of their portfolio management processes, write Caspar Berendsen, Álvaro Rosado and Robert Perry.
4 min read · 02 February 2026
By appealing to retail and large institutional investors, mega-managers may end up with the lion’s share of capital, with implications for themselves and their investors, writes Cambridge Associates’ Andrea Auerbach.
3 min read · 27 October 2025
The growth and adoption of mid-hold equity is expanding the capital market toolkits of GPs and providing an alternative to single-asset CVs when an extended investment runway for portfolio company growth is the primary goal, write Audax’s Kumber Husain and Daniel Green.
4 min read · 18 September 2025
While rapidly changing market conditions can create significant bid-ask spreads, there are tools and concepts the secondaries market can borrow from M&A to get deals across the line.
3 min read · 14 May 2025
