LP Sales

Martin Longchamps, head of private equity at the $319bn Canadian giant, discusses how secondaries sales helped bring the pension's PE allocation back on target.

One-third of respondents to Secondaries Investor‘s latest survey of intermediaries say they worked with another adviser on a transaction during the reporting period.

LPs are turning to the secondaries market to address liquidity constraints amid improved pricing, as compelling supply/demand dynamics and structural innovations help fuel LP-led dealflow.

The €255bn unit of French financial giant BNP Paribas Group wants to sell a bundle of private equity and infrastructure stakes, Secondaries Investor has learned.

The Dutch pension giant had brought a portfolio worth $2bn-$3bn to market, Secondaries Investor reported in June.

Amid LP demand for liquidity and distributions, the infra secondaries market saw an unprecedented rise last year. We uncover how this positions the market for future growth. 

While LP sales slowed around spring, activity has picked up and sources expect inventory to increase as the market moves into the third quarter.

As part of the system’s policy established in 2022, the pension has been building exposure to areas of private equity it may have skipped in the past such as smaller funds and growth-focused GPs.

The pension giant is understood to be looking to offload LP stakes valued between $2bn and just over $3bn.

AlpInvest chair Ruulke Bagijn and global head of primaries Wendy Zhu say that the Carlyle secondaries unit is seeing higher quality LP-led opportunities come to market.