Investors including Alaska Permanent, Caisse des Dépôts, Skandia, New York City Retirement Systems and TRS Texas share their views on how this market can be improved and how they are positioning themselves to take advantage of CVs.
10 min read · 02 September 2024
LPs are turning to the secondaries market to address liquidity constraints amid improved pricing, as compelling supply/demand dynamics and structural innovations help fuel LP-led dealflow.
7 min read · 10 July 2024
The sponsor-initiated secondaries market will hit a stumbling block if incumbent LPs’ needs and wishes aren’t prioritised over those of incoming ones.
3 min read · 04 July 2024
The strip sale is the latest example of an asset manager using the secondaries market to build third-party AUM.
2 min read · 31 May 2024
Public Investment Fund is an LP in Ardian’s predecessor vehicle, which closed on $14bn in 2020 ahead of its $12bn target.
2 min read · 30 May 2024
As we approach the end of 2023, here are three areas to keep an eye on – and yes, they all relate to the secondaries market’s capitalisation.
3 min read · 30 November 2023
Abu Dhabi Investment Authority’s secondaries activity last year included making a cornerstone investment in Apollo Global Management’s S3 platform.
1 min read · 11 October 2023
Permodalan Nasional Berhad has historically allocated more to secondaries due to increased liquidity needs, according to Rick Ramli, chief investment officer for private and strategic investments.
2 min read · 29 August 2023
Michael Arougheti, Ares’ chief executive and president, has previously said the secondaries industry is at an ‘inflection point’.
2 min read · 22 March 2023
