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.

Landmark estimates $64bn of dry powder for secondaries – not that much in the scheme of things, but a great deal more might not be healthy either.
Will we start to see more secondaries investors buying and selling infrastructure and real assets fund interests?
Ardian has invested an eye-catching $8bn on secondaries deals in the past year – and could possibly prove that high prices won’t prevent GPs from finding value for investors.
Why aren’t more fund restructurings happening in Europe?
In the latest change to the secondaries advisory landscape, UBS is staffing back up – and interestingly taking a cue from some of the market’s smaller brokers.
More primary fund managers are doing direct secondaries deals for venture-backed assets – raising questions as to what constitutes a secondaries transaction.
The number of secondaries GPs seeking capital from Latin American LPs has skyrocketed in the past five years.
The New Mexico State Investment Council’s recent secondaries activity should encourage other LPs to take advantage of full pricing and demand.
How Setter, Cogent and NYPPEX calculate their secondaries transaction volume figures.
Is the bid-ask gap for European real estate funds too wide to get deals done?
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