Slider

The endowment has sold about 100 private equity fund stakes totaling roughly $1.7bn in the past 30 months.

Despite some limitations and high valuations, the region is an attractive place to invest in direct secondaries.

Jeremy Coller also expects transaction volume to be increasingly fuelled by more complex transactions such as GP-led restructurings, according to comments in a UK filing.

The Miami-based firm is adding to its European real estate assets in a direct secondaries deal involving Portuguese real estate and secured loan assets.

Stakes in Macquarie's second European infrastructure fund have changed hands at least twice this year amid competitive pricing for infrastructure secondaries.

The Boston-based firm was founded by Solomon Owayda and Christine Patrinos through a relationship with Monument Group.

The advisory firm also estimates that buyers plan to raise an additional $40bn of capital in the second half of 2015 and in 2016.

The use of intermediaries, coupled with high valuations in the primary market, have contributed to high pricing for infrastructure secondaries stakes.

Partners Group Secondary 2015 closed on $1.5bn in May.

The Asian direct secondaries firm has started making distributions from its latest direct secondaries fund, which held final close about a year ago.