North America

What do secondaries professionals think you should listen to this summer?

Looking for a good listen while you’re on a summer adventure? We asked industry leaders for their suggestions.

Secondaries volume surpasses $100bn to reach half-year record – Evercore

Volume surpassed most full-year totals from the past decade in the wake of recent geopolitical tensions and macro uncertainty.

Pantheon snags $2.2bn for credit opps fund

The secondaries vehicle exceeded its initial target by nearly three times.

Liquidity options proliferate for VCs

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.

Continuation vehicles are accelerating in the venture industry

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.

Piper Sandler’s Andy Nick: three out of 10 GP portcos could go into a CV

The firm is looking to double the size of its ‘small but mighty’ secondaries team in the next 18 months.

Partners Group reaps buyout-like returns from infra portfolio

The firm’s infrastructure partnership investments unit has generated $1.5bn for investors in the first half of this year.

DOWNLOAD: Secondaries fundraising breaks H1 record

More capital was raised for secondaries in the first six months of this year than any other first half since the strategy’s inception.

Infra LP-leds rule by volume, but GP-leds are sizeable

In this special episode from our affiliate The Infrastructure Investor Podcast, we discuss the evolution of infra secondaries, its best-in-class pricing, the outsized role of continuation funds, new buyer-led technology and more.

Onex eyes $2bn multi-asset CV in firm’s latest use of GP-leds

One of the assets involved was being mulled for a separate CV managed Carlyle in a process that has since been dropped, Secondaries Investor understands.