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Thought leadership from the secondaries sector’s leading voices including legal experts, industry veterans, asset class specialists (from real estate to private equity) and academics.

family office
Family offices continue to make up a small percentage of sellers in the secondaries market, though the GP-led market is forcing them to think about their portfolios in a new way.
In an extract from a whitepaper aimed at LPs, Tradition's advisory team discusses the dynamic between bids, NAVs and public markets, and what it means for sellers.
tarot cards, fortune, future, prediction, magic, candles, crystal ball
Everyone loves a prediction; here are what key market participants think are likely to define the secondaries market in the coming year.
Secondaries buyers may find themselves on the hook for sellers’ liabilities. They should look to protect themselves, says Angus Marshall of CFC Underwriting.
The subject of secondaries came up frequently at PEI’s Women in Private Markets Summit, held in the first week of December. Here are some of the issues that are top of mind.
The lack of broader acceptance from LPs is preventing buyers from fully tapping the single-asset market.
Rudy Scarpa
Buyers should beware of sponsors using the GP-led market to drive undeservedly favourable terms, said Pantheon secondaries co-head Rudy Scarpa.
At a time when concentrated deals are all the rage, small primary fund commitments can offer necessary diversification benefits.

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