Limited Partners

‘Asymmetry’ of information and lack of look-through are preventing some investors from participating, according to speakers at PEI Group’s Private Debt Investor Tokyo Forum.

Some LPs are finding themselves as forced sellers in CVs because of the length of time given in election periods.

Even though some return mechanisms secondaries buyers have historically looked to are less attractive in today’s market, the OCIO firm is encouraging its clients to participate in the growing secondaries market both as a buyer and to reshape its programmes as a seller.

AI may be poised to turbocharge secondaries underwriting, but digital marketplaces and tokenisation are yet to gain traction.

The secondaries market is poised for continued growth and innovation, as well as increased regulatory scrutiny.

While secondaries buyers are inundated with opportunities, maintaining deployment pace can nonetheless be challenging.

Our inaugural survey takes the temperature of LP, GP, buyer and provider attitudes towards this fast-growing market.

A distribution desert has led to a surge in first-time LP sellers, while a challenged fundraising market has heralded the return of the primary staple.

Secondaries Investor’s inaugural survey of LPs, secondaries buyers, GPs and advisers offers a complete view of the market and the direction it’s heading in. Conducted in partnership with Goodwin.

Pricing remains the biggest source of friction in secondaries negotiations.