While infrastructure accounted for just $1.6bn of the secondaries market last year, funds needing liquidity solutions could be valued at tens of billions.
Dealflow in real estate secondaries jumped 71% last year and market participants say another rise this year will be dependent of a couple of things.
Leveraging a portfolio for liquidity can be similar to refinancing a property, but what effect does this have on the secondaries market?
Financial institutions may have missed the boat in terms of pricing, but this won't deter them from returning to the market as sellers this year for several reasons.
Tail-end opportunities, the beauty of volatility and the proliferation of GP-led transactions were among the topics broached at an industry event in London this week.
Secondaries firms are increasingly divesting stakes they’ve picked up on the secondaries market. What gives?
Good deals at a discount have been becoming harder to find in Europe for a while now, so what are GPs doing if they’re not playing the discount game?
A generational boom in fund liquidations could prompt an explosion in direct secondaries activity.
A maturing secondaries market may help address some of the historic challenges preventing defined contribution retirement plans from investing in private equity.
As Ardian nears final close for its latest secondaries fund, we take a look at who’s backing its efforts and what that means for the wider industry.