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.

map of Orlando, Florida
Is $1trn in annual deal volume achievable? What does the increase in new entrants to the single-asset buyside herald? Why do some firms not like leading deals? All questions up for discussion in Orlando next week.
Impact investing, especially in emerging markets, is a new frontier for most investors; secondaries transactions will ease them in.
The Starting Gate
Smaller discounts to NAV mean there is a potential window of opportunity that some LPs want to take advantage of before market dynamics change.
Tax
Updates to how effectively connected income is treated may lead to an easier and more standardised process for secondaries transfers, argue lawyers from Macfarlanes.
Morgan Stanley research shared exclusively with Secondaries Investor provides evidence that continuation vehicles can meaningfully outperform buyout funds on a median basis
Secondaries capital that comes with deep sector expertise may define the next iteration of the GP-led market.
A businessperson pressing buttons that say 'IPO'
Private equity continues to face a liquidity crunch. Could a new technology for exits be on the horizon?
crane with people pointing
Three infrastructure managers were snapped up during a week where Pantheon has raised the market's biggest ever secondaries fund focusing on the asset class.
Banner Ridge reached a $2.15bn final close for its latest flagship fund this year, smashing its $1.4bn target.
The firm's $22.7bn haul this week comes at a time when institutional investors are assessing the opportunity cost of their investments.
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