News & Analysis

Private wealth capital expanding capacity for larger deals: Ardian’s Mallin

The secondaries market remains ‘undercapitalised’ despite the influx of private wealth capital, Ardian’s Ava Mallin said at NEXUS 2026.

Three key trends in GP-led secondaries

The GP-led market is going from strength to strength, but there are still challenges to address.

Evercore APAC secondaries director departs

The investment bank recently hired ex-Adams Street Partners Asia investor relations head Ben Hart to lead its APAC private capital advisory business.

DPI is IRR – structure in LP sales helps bridge slow exits: StepStone’s Matt Roche

‘It’s been a tough four years for private equity… and it’s why DPI is IRR today – not the new IRR – it is IRR today,’ Matthew Roche, partner with StepStone Group said.

Are CVs the answer to GP stakes exit challenges?

GP-led secondaries would appear to provide an obvious route to liquidity for staking investors but there are some issues to iron out.

Overbay managing director departs the firm

Sebastien Siou, a former Secondaries Investor Next Gen Leader, joined the LP portfolio-focused firm in 2024.

Definition of secondaries will evolve as market dynamics shift: Dawson’s Robard

LPs are taking an increasingly proactive approach to the secondaries market, while CVs will represent 10-20% of PE exits, managing partner Yann Robard said at NEXUS 2026.

2026 should set another record despite macro uncertainty: PJT’s Millan

The secondaries market is taking stock of macro events, which could lead to some movements around pricing, PJT Partners’ Adrian Millan said at NEXUS 2026.

Are GP-led secondaries deals and evergreen funds a good match?

With evergreen fund investment in GP-led deals on the rise, how compatible are these transactions with vehicles that offer investors a degree of periodic liquidity and, in most cases, diversified exposures?

100% carry rollover table stakes for trophy CVs – NEXUS

Not every company marketed as a trophy asset is indeed a crown jewel, leading to specialised work on behalf of buyers to sort through opportunities, attendees heard at PEI’s NEXUS conference last week.