Distressed Investing

How we conducted Secondaries Investor’s Global Market Survey

Our inaugural survey takes the temperature of LP, GP, buyer and provider attitudes towards this fast-growing market.

1 min read · 20 April 2026

Download Secondaries Investor’s Global Market Survey

Secondaries Investor’s inaugural survey of LPs, secondaries buyers, GPs and advisers offers a complete view of the market and the direction it’s heading in. Conducted in partnership with Goodwin.

1 min read · 20 April 2026

Secondaries surge as private real estate investors seek solutions

Three major themes emerge in real estate secondaries as private equity investors and fund managers look for liquidity.

4 min read · 08 April 2025

Banner Ridge’s Cusano: fundraise was less about strategy and more about results

Banner Ridge reached a $2.15bn final close for its latest flagship fund this year, smashing its $1.4bn target.

4 min read · 16 January 2024

Banner Ridge raises more than $600m for second primary distressed fund

At more than double the size of its predecessor, Banner Ridge DSCO Fund II will invest in private equity funds, co-investments and early secondaries.

2 min read · 02 August 2022

Half of investors have sold stakes in private credit funds – survey

Of the sellers, 12% said they had tapped the secondaries market to offload private credit fund interests more than once.

2 min read · 04 July 2022

Pantheon eyes September for third credit secondaries fund close in 2022 – updated

The alternatives manager has already raised more than $1bn of capital to invest in senior debt secondaries through two May fund closes.

2 min read · 27 June 2022

Secondaries Investor Advisory Survey 2022: Advisers adjust to new conditions after record year

The booming secondaries market is reflected in this year’s survey, with several respondents closing on twice the deal volume recorded in pandemic-hit 2020.

8 min read · 27 June 2022

The rise of the real estate GP-led recaps

With their multiple benefits for both the GP and LP, management-led secondaries are rapidly gathering steam in real estate.

7 min read · 19 May 2022

RE secondaries’ allure as a tactical choice in volatile times

Uncertainty linked to the pandemic and other macro forces is driving an increase in real estate secondaries transaction volume.

5 min read · 18 May 2022

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