The past year has seen an evolution in the advisory space as co-advisory mandates have become an increasingly common outcome with advisers divvying up services on deals, according to Secondaries Investor’s latest survey of intermediaries.
Access the Secondaries Investor Advisory Survey 2025, as well as surveys stretching back to 2015, by clicking on the tiles below.
LATEST SECONDARIES INVESTOR HEADLINES
Secondaries becoming a fixture of managing capital for Partners Capital’s LP clients
Even though some return mechanisms secondaries buyers have historically looked to are less attractive in today's market, the OCIO firm is encouraging its clients to participate in the growing secondaries market both as a buyer and to reshape its programmes as a seller.
GPs increasingly step up CV alignment with cross-fund commitments
Cross-fund investments are generally used for single-asset CVs as secondaries investors expect GPs to be 'as much all-in on trophy, crown-jewel assets as they possibly can be', according to William Blair’s Tom Marking.
GP-led secondaries: CVs prompt diverging opinions
While the GP-led market is booming, perceptions differ when it comes to rationale, valuations and alignment.
What the tech revolution means for secondaries
AI may be poised to turbocharge secondaries underwriting, but digital marketplaces and tokenisation are yet to gain traction.
Goodwin: Why innovation is core to the secondaries market
The secondaries industry has always been solutions-focused. That continues to be the case as the market expands rapidly in both breadth and depth, say Goodwin partners Ravi Chopra and Jacqui Eaves.
