Performance

Lexington Capital Partners X, the firm's latest main secondaries fund, smashed its $15bn target to collect $22.7bn last year.

Secondaries funds can deliver outperformance compared with PE buyout funds due to their diversification and asset-screening processes.

The transaction has been backed by capital from long-term yield-oriented institutions and not traditional secondaries firms.

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.

The niche secondaries firm is seeking $450m for Glouston Private Equity Opportunities VII.

Hamilton Lane Secondary Fund VI launched in 2021 with a $5bn target and is more than 40% larger than its predecessor.

The European buyout firm moved Sunrise Medical into a landmark €2.5bn multi-asset continuation vehicle six years ago.

Following an era of innovation, secondaries now enters an age of capitalisation with new entrants joining the market, secondaries professionals told PEI Group’s NEXUS summit in Florida.

Morgan Stanley research shared exclusively with Secondaries Investor provides evidence that continuation vehicles can meaningfully outperform buyout funds on a median basis

TPG sold talent agency giant CAA to Artémis, the Pinault family’s investment company, in September.