Hannah Zhang

W Capital Partners believes it's important to compound and grow assets within original funds to mitigate what it believes will become 'more of a K-curve market', David Wachter said at NEXUS 2026.

The firm is joining a growing number of PE entrants expanding into the secondaries market, Secondaries Investor understands.

A&M Capital's secondaries strategy has a focus on mid-market and smaller deals, which is believes offers a more attractive risk-return profile than the larger end, managing partner Jeremy Weisberg said at NEXUS 2026.

The secondaries market remains 'undercapitalised' despite the influx of private wealth capital, Ardian's Ava Mallin said at NEXUS 2026.

The ability to select assets and ensure alignment with GPs will support the performance of credit GP-led deals, according to Olga Kosters, head of credit secondaries at Antares.

'Today’s market for secondaries has evolved to a market of asset selection and cherry picking,' Ardian’s Wilfred Small told attendees at PEI's conference.

Over half of GPs said the primary reason for launching a CV was to return capital to existing LPs, according to Bain's latest report.

Real estate secondaries deal volume could double in the next several years as distributions across the asset class remain subdued, according to a report.

The pension has been actively pursuing opportunities in the secondaries market over the past few years.

The $123bn pension system's latest ambitions follow the creation of a GP-led-focused investment role in 2024.