The top 10 known commitments to 2022-vintage secondaries vehicles totalled $4.77bn, buoyed by ADIA’s whopping $4bn commitment to Ardian’s ASF IX.
1 min read · 09 March 2023
LP portfolios accounted for close to half of the roughly $106bn in volume last year, according to the advisory firm and placement agent’s 2023 Secondary Market Overview.
4 min read · 02 March 2023
Most fund sponsors invested additional capital on top of carry rollover in such processes last year, according to the investment bank’s debut Secondary Market Survey Report.
3 min read · 21 February 2023
Market professionals anticipate 2023 will be a record year as pent-up demand bursts through pricing hesitation and stored-up dry powder is unleashed.
3 min read · 23 January 2023
There were a meaningful number of sub-$500m mandates launched in the third quarter, focusing on an increased number of buyers with middle market appetite, according to a report from PJT.
3 min read · 17 November 2022
Secondary pricing for buyout funds as a percentage of NAV fell from 97% for full-year 2021 to 88% in the first half, according to Greenhill.
2 min read · 29 August 2022
The market passed the $100bn mark in 2021, according to research by VC secondaries specialist Industry Ventures.
2 min read · 03 August 2022
Secondaries fundraising dipped 30 percent year-over-year in the first half, with $31.2 billion raised, according to preliminary data from Secondaries Investor.
2 min read · 28 July 2022
The booming secondaries market is reflected in this year’s survey, with several respondents closing on twice the deal volume recorded in pandemic-hit 2020.
8 min read · 27 June 2022