As private equity secondaries become more commonplace, a clear rationale for the value a transaction creates is key.
Strong currents also point to much more opportunistic buying and selling, according to affiliate title Private Equity International's LP Perspectives 2022 Study.
The private assets secondaries market could be more liquid for large LPs than public markets, according to Ardian's former fund of funds head.
We surveyed 90 fund managers and lawyers to ascertain how the industry could be affected by changes to carried interest.
Buyers have become more selective and have emphasised the importance of alignment in GP-led deals, according to the advisory firm's latest survey.
Strategic Partners Fund IX is likely to be one of the largest ever secondaries funds, with a target of $13.5bn.
The preferred equity specialist is on track to nearly double its AUM with the latest flagship vehicle.
The firm's outlook and performance were outlined in documents obtained from the Minnesota State Board of Investment.
Continuation funds, which accounted for 85% of all GP-led transactions in the first half of this year, are becoming a more accepted liquidity option.
The secondaries giant's deployment fell 65% during the pandemic despite closing the largest secondaries capital pool on record.