GP-Leds

Just how big can the secondaries market get?

The rapid growth of the secondaries market has led to suggestions that it could see transaction volumes of $500bn – or even $1trn – by 2030. Just four years out from this deadline, are such predictions realistic?

The CV boom reaches fund finance

While continuation vehicles present an interesting opportunity for fund finance, concentration risk and a reluctant investor base pose a challenge.

Small LPs use GP-led secondaries to accelerate private markets allocations, OCIOs say

Endowments and foundations using outsourced investment offices increasingly view GP-led secondaries as a way to deploy capital more quickly into private markets, prioritising performance opportunities over liquidity concerns.

Neuberger Berman leads Providence’s single-asset CV

Providence Equity Partners has closed a $1bn+ CV for 365 Retail Markets, a company it acquired nearly six years ago, PEI Secondaries Investor has learned.

Swiss LP adviser InPact enters infra secondaries, eyes PE GP-leds

The institution is looking to boost its infrastructure exposure and eyeing further opportunities in private equity and real estate secondaries, says founder and CEO Antoine Prudent.

QIC targets shorter plays amid PE’s liquidity crunch

Co-investments and single-asset CVs offer investors ‘greater control’, partner Zach Jackson says.

Secondaries’ emerging leaders: GP-leds to become a proactive portfolio management tool

The GP-led market will become ‘indistinguishable’ from the sponsor-to-sponsor market over the next five years as PE firms seek to gain access to companies via CVs, one 2026 Next Gen Leader says.

CV pricing strengthens amid growing buyer competition

New market entrants are seeking to pre-empt auction processes to ‘differentiate themselves’, according to Lazard’s Kevan Comstock.

ICG backs Onex’s Ryan again in CV-on-CV process

The process comes three years after Onex first moved the tax services provider into a single-asset continuation fund.

UBS taps DC Advisory for director hire in latest boost to EMEA advisory

The director reunites with Michael Wieczorek, who joined UBS to head its EMEA secondaries advisory unit late last year from DC Advisory.