Secondaries Investor Law Firm Survey

The Secondaries Investor Law Firm Survey 2024 shows top law firms advising on a collective $827bn of transaction volume, a record high amid a booming secondaries market.

Nineteen law firms took part in the survey this year, with Kirkland & Ellis regaining dominance with the highest deal volume of over $170 billion, followed by Ropes & Gray and Morgan, Lewis & Bockius.

To access the full insights from the survey, as well as ones stretching back to 2017, click on the tiles below.

LATEST SURVEY

LAW FIRM SURVEY ARCHIVE

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LATEST SECONDARIES INVESTOR HEADLINES

World Bank closes around $1bn sale to Blackstone Strategic Partners

LP-led deals saw a record $87bn volume last year as pricing continued to increase, according to a report from Jefferies.

New Mountain to build continuation fund strategy

The strategy will include raising a separate fund from New Mountain’s flagship vehicle.

Oregon contemplates offloading PE investments

The LP is exploring the proposition of offloading the stakes amid a secondaries market with record activity.

Secondaries deals are on the cards for Australia’s Aware Super

The fund, which manages around $110bn on behalf of nurses and teachers, is heading towards its private markets allocation targets after a period of build-up and growth. In this podcast, Deputy CIO Damien Webb discusses the fund's view of the secondaries market.

The next round of musical chairs

No matter how successful the build out of a secondaries team has been, senior talent staying put is not a given.
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