Limited Partners

2026: Yet another record year for secondaries volume?

Secondaries professionals share their insights into what they believe will continue to drive market activity in the New Year.

Ardian steps up as buyer of CIC portfolio sale

The sale is expected to be the first in what could be a series of fund stakes offerings by the sovereign fund as it works to manage its portfolio.

Top five secondaries deals of 2025

This year’s top deals include two sales from LPs without programmatic selling backgrounds, two CV-on-CV deals and a sizeable credit CV, as well as some honourable mentions on smaller, yet innovative processes seen this year.

Howard University president emeritus: ‘I don’t think you’ll hear of us trying to exit through secondary markets’

Secondaries has become a popular portfolio management tool for large US endowments like Yale and Harvard.

LPs are expanding into more diverse secondaries strategies

New opportunities are arising for LPs, but there are ongoing pain points to address.

Lexington opens its first office in the Middle East

The firm’s Abu Dhabi office will be led by managing director Doug Bourne, who joined from Schroders earlier this year.

Riverstone runs single-asset CV on oil and gas storage company

An LP has received a re-investment option and a liquidity option, with the latter offered at a discount to current valuation.

MainePERS considers secondaries sales for its natural resources portfolio

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.

ILPA: Retail vehicles could fundamentally affect GP-LP alignment, industry’s long-term health

Growth in the retail space could come to the detriment of traditional LPs and their investment interests, says the Institutional Limited Partners Association.

Carlyle AlpInvest buys in on GBL’s €1.7bn portfolio sale

Belgian holding company Groupe Bruxelles Lambert has confirmed its unit GBL Capital will no longer make new commitments as it secures a dozen transactions.