Limited Partners

A second chance for endowments

Yale’s sizeable portfolio sale could spur a number of endowments to follow suit – with programmatic seller Harvard in market alongside it.

New Jersey proposes $600m commitment to Lexington secondaries SMA

The separately managed account will invest into two Lexington funds, as well as co-investment opportunities.

Kaiser returns to secondaries market with latest multibillion-dollar portfolio

While the exact size of the portfolio is unclear, Secondaries Investor understands the portfolio could range around the $5bn and $6bn mark.

How the LP-led market will evolve in the midst of tariff uncertainty

Secondaries investors are ‘adding the equity risk premium for all the unknowns’ and breaking down deals into smaller bites to better manage risks.

Yale sells up to $6bn of its PE portfolio amid federal funding challenge

The US university that pioneers the ‘endowment model’ is selling its PE investments in the secondaries market for the first time.

Liquidity at what price?

While some LPs that had planned to sell into the secondaries market this year are mulling whether the time is right, others are ploughing ahead with their processes – for now.

The window for Aware Super’s LP-led ambitions could be closed – Newmarch

The Australian superannuation fund, which was looking to sell prior to the US’s tariff announcements, is facing difficulty gauging pricing amid recent uncertainty, head of PE Jenny Newmarch tells Secondaries Investor.

Tariff turmoil: What do PE professionals think?

Here are responses from industry thought leaders including Goldman Sachs, Carlyle, Apollo and NYCRS across areas such as dealmaking, fundraising and secondaries.

Do LPs need to take a more proactive approach to secondaries?

In the latest edition of Secondaries Investor’s Second Thoughts, our journalists discuss key takeaways from LPs and buyers at PEI Group’s NEXUS conference as secondaries volume continues to smash records.

William Blair’s Stuiver: ‘Proof of concept’ feeding larger LP-led deals

A number of large-scale LP-led deals have moved through the secondaries market in recent years yielding good outcomes for sellers, William Blair director Jake Stuiver said in a video interview at NEXUS 2025.