Rod James and Carmela Mendoza

The subject of secondaries came up frequently at PEI’s Women in Private Markets Summit, held in the first week of December. Here are some of the issues that are top of mind.

We surveyed 90 fund managers and lawyers to ascertain how the industry could be affected by changes to carried interest. 

Capital-raising for secondaries vehicles last year grew almost threefold, with Ardian, Lexington Partners and Goldman Sachs leading the charge.

The close of Pantheon Global Secondary Fund VI and related SMAs pushes secondaries fundraising for this year to an all-time high.