Hannah Zhang

The CV market is increasingly focused on 'best practice terms' rather than simply getting deals done, partner Joe Zargari tells Secondaries Investor.

While the US Department of Labor’s March proposal flagged CVs as an area of concern in 401(k) plans, it should not be taken as a signal to rule them out.

The GP-led market is expected to see a more 'mixed-quality' set of assets come through, according to StepStone’s Philippe Ferneini.

Four debut strategies – including three focused on single-asset CV investments – ranked among the top 10 fundraises in Q1 2026. As LPs seek diversification, expect to see more of these funds drive figures.

The firm’s secondaries platform crossed the $100bn AUM milestone in the first quarter, president and COO Jonathan Gray said on its Q1 2026 earnings call.

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.

The insurer worked with Evercore to shop a $1.8bn portfolio under the name Project Trident, Secondaries Investor has learned.

Secondaries funds raised nearly $39bn in the first quarter of 2026, Secondaries Investor data shows.

AI-driven tech disruptions have raised questions over the sustainability of the recent pricing recovery in venture secondaries.

Buyers have the opportunity to enter into unique assets that are harder to get access to in the primary markets, panellists said at PEI Group’s Infrastructure Investor Global Summit 2026.