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At least nine firms involved in the secondaries market have been acquired or are in talks to be bought this year.

Everyone loves a prediction; here are what key market participants think are likely to define the secondaries market in the coming year.

The co-founder of tech giant Thoma Bravo has said the the ability to ‘get out at every instant’ is not as valuable as it may seem.

Aleksander Bakic, who has advised on GP-led deals involving firms such as Permira and Nordic Capital, is set to join the law firm next year.

The firm is planning to acquire Spring Bridge Partners, having bought Landmark Partners in June.

The private assets secondaries market could be more liquid for large LPs than public markets, according to Ardian’s former fund of funds head.

The hires bring the total number of languages spoken by employees at the European mid-market secondaries firm to 21.

There have been six meaningful M&A deals for secondaries firms this year, with a seventh rumoured to be in the works.

The secondaries pioneer’s Beijing office opened in March and is led by Hong Kong-based partner and head of Asia Peter Kim.

Buyers have become more selective, according to the eponymous firm’s founder and chief investment officer.