More capital was closed on for private equity secondaries in the first quarter of the year than for any other strategy outside of buyouts.
2 min read · 04 May 2023
The top 10 known commitments to 2022-vintage secondaries vehicles totalled $4.77bn, buoyed by ADIA’s whopping $4bn commitment to Ardian’s ASF IX.
1 min read · 09 March 2023
LP portfolios accounted for close to half of the roughly $106bn in volume last year, according to the advisory firm and placement agent’s 2023 Secondary Market Overview.
4 min read · 02 March 2023
Most fund sponsors invested additional capital on top of carry rollover in such processes last year, according to the investment bank’s debut Secondary Market Survey Report.
3 min read · 21 February 2023
Deal activity for the asset class reached an all-time high for the third year in a row due to strong growth of GP-led processes.
3 min read · 13 February 2023
Market professionals anticipate 2023 will be a record year as pent-up demand bursts through pricing hesitation and stored-up dry powder is unleashed.
3 min read · 23 January 2023
As a growing number of LPs look to buy and sell private equity fund stakes in the coming months, are there bargains still to be had?
4 min read · 22 November 2022
More than half of LPs have indicated they will look to deploy capital in secondaries ahead of other well-established strategies such as growth and venture capital, according to a survey of investors.
2 min read · 15 November 2022
There is misalignment between investors and GPs on the topics of obstacles, red flags and expectations, a Capstone survey finds – however, the market is expected to go through further standardisation.
3 min read · 19 October 2022
