Secondaries

Secondaries Investor had reported that Jonathan Au had departed CVC in June last year, having joined the firm in 2021.

A valuable product at a discount, eliminating the J-curve and a chance to exploit inefficiency are among buyers’ priorities.

The pension fund is set to make its second cut to its PE target in four years, with the LP suggesting it may make secondaries sales in specific scenarios.

The investment bank had hired Rothschild’s London-based head of GP Solutions late last year.

Overbay will retain control and independence of all investment activities following the investment.

A higher percentage of LPs choosing to roll into CVs would be a ‘healthy’ sign for the market, Lexington Partners’ Christophe Browne said at NEXUS 2026.

PEI Group’s latest GP-led Secondaries report uncovers what comes next for this burgeoning corner of the market.

W Capital Partners believes it’s important to compound and grow assets within original funds to mitigate what it believes will become ‘more of a K-curve market’, David Wachter said at NEXUS 2026.

From CVs on CVs to greater specialisation, secondaries professionals who have previously featured on our rising stars list share their insights on the market’s evolution.

The asset manager’s investment chief cites ‘weird time arbitrage’ that the practice causes for evergreen investors who buy into vehicles at similar points.