Editor's View

Our in-house take on what news, trends and developments affecting the secondaries market means to its different participants. In these weekly commentaries we stir discussion and prompt debate as well as comment on issues important to market participants in a lively and thought-provoking way.

wind
A GP-led secondaries deal by Energy Capital Partners hints at future opportunities.
sneak peek
Secondaries advisers are adjusting to tricky market conditions after filling their boots during a record-breaking 2021.
pricing
A market downturn, diverging views on valuations and ‘risk off’ attitudes are causing many GP-led deals to be repriced.
Various black silhouette glasses. Eyeglasses frames set. Sunglasses frames.
Trying to standardise terms in a fast evolving industry is a complicated and worthy endeavour.
Number 5 On A Wooden Block On A Table, five
With the halfway point of the year upon us, we look at the events that have defined secondaries in 2022 so far.
Regulations
As the economy turns downward and the rationale behind GP-led deals changes, the SEC’s fairness opinion mandate could be a good thing for the secondaries market.
buildings
Private equity’s fastest growing sub-sector is also getting market participants excited in adjacent asset classes.
secret
Some public pensions appear to think any sunlight allowed on their private equity decision-making processes would cause irreparable damage to their ability to continue investing in the asset class.
New York
LP scepticism, co-investors’ grievances and a disregard for fairness opinions were some of the secondaries-related themes to emerge at last week’s CFOs and COOs Forum in New York.
telescope
Here’s a preview of PEI’s upcoming secondaries roundtable and what participants think is in store for a market that seems to know no bounds.
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