Commentary

Thought leadership from the secondaries sector’s leading voices including legal experts, industry veterans, asset class specialists (from real estate to private equity) and academics.

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.
Institutional investors in real estate are becoming increasingly informed on the benefits of manager-led secondary deals in particular, writes Lazard's James Jacobs.
Real estate could be the perfect asset class for GP-led secondaries, despite key legal and tax issues, says Steven Cowins, co-chair of Greenberg Traurig’s real estate fund practice.
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.
Dallas cityscape
Jed Johnson, head of ORIX USA's GP-led investment team, tells Secondaries Investor about the $85bn asset manager's plans.
buildings
Private equity’s fastest growing sub-sector is also getting market participants excited in adjacent asset classes.
portfolio
Oliver Gardey and Ryan Levitt discuss market volatility, the need for specialism in secondaries and the likely drivers of LP deals in 2022.
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.
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