The median MOIC for continuation funds slightly outperforms that of buyouts, in line with findings presented early last year including a larger data set, according to a report.
2 min read · 16 April 2025
While fundraising figures in the first quarter were lofty, most of the capital raised came from Ardian’s record-breaking close in January.
2 min read · 10 April 2025
Secondaries were seen as offering the best investment opportunities for about 28% of LPs this year, up from 24% in 2023, according to a survey from Adams Street Partners.
2 min read · 24 March 2025
Last year saw 70 continuation vehicles close, with scores more hitting the market, according to data gathered by Secondaries Investor.
2 min read · 27 February 2025
Small-cap secondaries funds have a number of competitive advantages over their larger counterparts, including higher discounts due to a mismatch in supply and demand, according to a new white paper from the Paris-based buyer.
2 min read · 26 February 2025
GP-led transactions hit $84bn in volume last year, significantly up from $45bn in 2023, according to Greenhill’s Global Secondary Market Review FY 2024.
3 min read · 13 February 2025
The New York State Common Retirement Fund made the two largest commitments last year to funds managed by TPG and Blue Owl.
2 min read · 03 February 2025
Over 75% of manager respondents say it is likely or highly likely they’ll look to the secondaries market across 2025 and 2026 compared with 45% in PJT’s 2023 survey.
3 min read · 29 January 2025
Volume from single asset deals grew by more than 80% year-on-year, accounting for more than half of all GP-led deal volume in 2024, according to Campbell Lutyens’ full-year secondaries report.
3 min read · 28 January 2025