Secondaries volumes in Q1-Q3 2024 match the full-year total for 2023, according to PJT's Q3 2024 Secondary Market Insight report.
More capital was raised in the third quarter of this year than the entire first half, fundraising data from Secondaries Investor shows.
Buyout and infrastructure secondaries had the strongest pricing, according to multiple reports, while venture pricing was the lowest.
The world's largest asset manager is banking on deal volume for the strategy reaching $25bn by 2027.
According to mid-year advisory reports, the secondaries market is looking at a potentially record-breaking finish to 2024.
One in three private equity funds missed their fundraising targets in H1 2024, compared with 4% of secondaries funds.
Transfer agreements are seen as a $100,000 'copy & paste job' by some and 'complex legal contracts' that law firms are losing money on by others.
With HarbourVest closing on $15.1bn for Dover Street XI, Secondaries Investor takes a look at how the firm's flagship secondaries vehicles have delivered across IRR, TVPI and DPI.
Average bids for secondhand stakes in private debt funds rose to their highest point since at least 2017.
There are at least 14 secondaries vehicles seeking capital to invest in the asset class, Secondaries Investor data shows.