News & Analysis

CPP Investments will mull secondaries sales to ‘trim older exposure’

The pension giant aims to deploy about C$20bn into private equity this year, global head of PE Caitlin Gubbels tells PEI.

Younger, high-quality portfolios gain ground in LP-led market – NEXUS

‘Today’s market for secondaries has evolved to a market of asset selection and cherry picking,’ Ardian’s Wilfred Small told attendees at PEI’s conference.

How an LP and a GP are approaching the slower exit environment

In the first episode of PEI Group’s new podcast series Commitment Issues, Yangge Seaman of Children’s Health and Steven Batchelor of Hg discuss how both sides are seeking greater liquidity from their portfolios

GP-leds boost exits for Azalea’s offerings

Temasek’s Azalea Investment Management expects more GPs to use the technology to crystallise liquidity for LPs, according to managing director Justin Keh.

2026 should mark record year for exits and secondaries volume – Blackstone’s Perry

Exit volumes will move assets’ cashflows forward allowing secondaries buyers to offer higher prices, which in turn should pull sellers into the market, Blackstone’s global head of Strategic Partners said at Nexus 2026.

GIC emerges as lead buyer on Meridiam’s €2bn+ CV

The structure will consist of a portfolio of 22 infrastructure assets that are held by the firm’s legacy funds.

Blackstone Strategic Partners leads on EQT’s evergreen CV for EdgeConnex

The vehicle is expected to be $2bn in size once it is formally established, with room to get larger over time, Secondaries Investor understands.

Evercore taps Adams Street Partners for new APAC secondaries head

The appointment follows the departure of former managing director and head of Evercore’s Asia-Pacific private capital advisory team Shane Gong, who left in January 2025.

Majority of CVs run by mid-market GPs in 2025 equivalent to 50% or more of latest flagship – Lazard

As mid-market sponsors look to hold onto trophy assets and deliver liquidity, they’re turning to larger CVs, with CV-on-CVs also expected to become more prevalent, according to a report.

40% of GPs expect to mull CV in the next two years – Bain study

Over half of GPs said the primary reason for launching a CV was to return capital to existing LPs, according to Bain’s latest report.