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.

whisper
A four-year low? That's the picture our 2019 fundraising figures, published on Monday, paint about the state of the secondaries market. Dig deeper, though, and all is not what it seems.
Oscar awards
Our upcoming predictions video suggests the industry can expect more drama, more excitement and even more surprises this year.
justice
Secondaries intermediary NYPPEX awaits a January hearing to refute claims by the New York attorney-general it engaged in alleged fraud.
PEI Awards
The polls are now open for Private Equity International's 2019 Awards, including 17 secondaries categories
Private debt
The credit fund secondaries market could be huge. The question is ‘when?’
crack, goodbye
While the secondaries market may for many be just a portfolio management tool, the close relationship between LPs and GPs means the stigma of selling has not gone away completely.
big boulder
A secondaries fund is set to rank among the largest PE funds ever, and dealflow continues to soar; but don’t expect growth to be unconstrained.
change
The secondaries market has largely repelled the threat of technological disruption. But with growing numbers of startups banging on the door, it may not be able to do so for long.
crystal ball
Four industry veterans – from PJT, Evercore, Lazard and Campbell Lutyens – made predictions at Kirkland & Ellis’s secondaries forum this week.
There are signs that a big potential source of dealflow may be starting to develop in the private debt market.
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