Research And Data

Strong post-Liberation Day pricing contributed to record H1 – Greenhill

Secondaries volume hit an estimated $105bn in the first half, according to Greenhill’s H1 2025 Global Secondary Market Review.

Secondaries Investor H1 2025 CV Deal Log – updated

The first half of the year saw 38 continuation vehicles close, with several more launching or being eyed, according to data gathered by Secondaries Investor.

India GP-led growth buoyed by strong public markets, foreign interest

More international investors are looking to India as China becomes more localised, according to research from the Global Private Capital Association.

Private wealth capital driving down return targets – PJT

Full-year deal volume could reach as much as $230bn, according to the investment bank’s estimates.

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.

Dry powder concerns provide opportunity for direct secondaries – W Capital

With the number of buyout-backed companies growing and exits not keeping up, funds are finding themselves with almost no dry powder.

Secondaries Investor Advisory Survey 2025: Advisers broaden mandates beyond PE

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.

CVs offer lower return dispersion compared with buyout funds – Evercore

A report by the investment bank and the HEC School of Management in Paris has reaffirmed findings that continuation funds perform largely in line with buyout funds with less risk.

Secondaries Investor Law Firm Survey 2025: Deal value rockets with record-breaking year

The ninth edition of our law firm survey shows top law firms advising on a collective $1.03tn of transaction volume, nearly $150bn greater than cumulative numbers seen last year.

Secondaries Investor Q1 2025 CV Deal Log – updated

Last quarter saw 11 continuation vehicles close, with a dozen more hitting or looking to hit the market, according to data gathered by Secondaries Investor.