Available secondaries capital grew to a record high of $302bn in the first half, with aggregate NAV of retail vehicles managed by secondaries investors surpassing $80bn as of March, according to a report from Jefferies.
3 min read · 23 July 2025
Volume surpassed most full-year totals from the past decade in the wake of recent geopolitical tensions and macro uncertainty.
3 min read · 21 July 2025
Venture capital firms are motivated to find ways to return capital to their LPs. Beyond continuation funds, these managers are running strip sales, preferred equity deals and tender offer processes to generate liquidity.
9 min read · 16 July 2025
Secondaries buyers have been eyeing both RMB- or USD-denominated opportunities in China as managers contend with a dearth of exits, investment principal Karen Tse tells Secondaries Investor.
4 min read · 15 July 2025
More venture firms are following the lead of buyout firms by creating continuation funds to provide liquidity to LPs in older funds. Here are the pluses and minuses for GPs and LPs considering CVs.
10 min read · 14 July 2025
More capital was raised for secondaries in the first six months of this year than any other first half since the strategy’s inception.
1 min read · 09 July 2025
Sports-focused foundation joins a number of APAC institutions seeking liquidity via the secondaries market this year.
2 min read · 02 July 2025
The average reported deal value per adviser went up $3bn from 2023, reflecting a surge in activity as secondaries activity hit historic levels in 2024.
8 min read · 30 June 2025
This is at least the second time IDG has tapped the secondaries market for a CV deal, having previously completed a GP-led five years ago.
3 min read · 26 June 2025
