Limited Partners

A growing number of LPs in South Korea see secondaries as an opportunity to invest in credit at a low price with downside protection.

Such opportunities ‘can provide us with some downside protection against the macro flows rather than going with the flow as part of the herd’, says head and OCIO Seong Sup Cho.

While infrastructure CVs tend to be completed at or above fair market price, LPs are doubtful that these deals mark the best price that could be achieved, according to panellists at PEI Group’s Infrastructure Investor Global Summit 2026.

Stonehage Fleming and GreenBear Group want ageing funds wound up quickly to avoid issues such as questions around valuations. The secondaries market is a viable resolution route.

Temasek launched its first collateralised fund obligation in 2006. Two decades on, the technology continues to grab the interest of new and repeat institutions.

Managers who double down on the region and serve investors’ needs will stand better chances of harvesting success.

The system’s process marks the latest instance it has sought liquidity in the secondaries market.

AltamarCAM’s secondaries capabilities were particularly attractive at a time of heightened interest in liquidity, Mercer’s Michael Dempsey tells affiliate title PEI in a Q&A alongside Jose Luis Molina.

Private markets comprise around 61% of Abu Dhabi Investment Council’s investment portfolio.

A higher percentage of LPs choosing to roll into CVs would be a ‘healthy’ sign for the market, Lexington Partners’ Christophe Browne said at NEXUS 2026.