$1trn in annual deal volume is achievable with upticks in secondaries trading in non-PE asset classes, NAV lending, preferred equity and GP stakes, according to Whitehorse Liquidity Partners' founder.
New players will bring 'significant amount of capital into… a market that's capital-starved', Evercore’s Nigel Dawn tells senior editor Adam Le.
'The easy transactions to quickly pass on are those with bad motivations or with the wrong asset,' Sanabria tells Secondaries Investor’s Adam Le.
Doug Cruikshank talks with senior editor Toby Mitchenall about the growing asset class: how it works, who it works for and what he thinks it can do for sponsors during an economic slump.
Leading market participants from Canada Pension Plan Investment Board, Partners Group, Kirkland & Ellis, HarbourVest Partners, Glendower Capital and more share their bold predictions in this seven-minute video.
Pablo de la Infiesta, head of the private funds advisory group for EMEA at Moelis, says secondaries firms have the sophistication and the firepower to invest in such deals.
The tax reform passed in January could scupper secondaries deals involving sales from non-US sellers.