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.

infinity pool
Here are five things to know about the state of the market for when you return to the office after your much deserved mid-year break.
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With GP-led deals now a bigger market than LP stakes, managers will do well to ensure the market maintains its momentum.
money
There’s a little fee LPs must pay when making a late commitment to a fund, which can make some secondaries investments unviable.
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The firm’s head of real estate Roman Braslavsky spoke to affiliate title PERE about its new secondaries business. Here are some takeaways.
Hot Fiery Sun, solar
The acquisition is at least the fourth this year by a large firm looking to get in on a rapidly expanding market.
road
The Wind Point deal marks the first wave of continuation fund deals on continuation funds. Sponsors must have a doubly compelling case the second time around.
5 things
Private equity, and secondaries especially, is a people business, so it’s no surprise to see what has drawn the most sets of eyeballs during the first half of the year.
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The secondaries market is growing and this ranking of the biggest fundraisers is growing with it.
trust, parcel, baton
Secondaries Investor’s map of the largest continuation funds mirrors the evolution of the technology, from a tool for distressed GPs to a customisable model for a range of situations.
Eight of the top 20 largest firms in the PEI 300 already manage secondaries funds or are working on the strategy.
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