The secondaries market, which suffered from a major gap between seller and buyer expectations, recovered in the latter half of 2009 as bids went up and traditional buyers returned.
2 min read · 01 February 2010
Average high bids for private equity fund interests fell to 61% of NAV in the five months through November 2008, driven by stale holding values, according to Cogent Partners.
2 min read · 05 January 2009