The leaders of some of the most prominent firms have spoken out about discrimination.
The barriers to entry for asset managers keen to get a slice of the pie are higher than they may seem.
Less competition and a likely increase in the number of smaller forced sellers could make 2020 a good vintage for niche players.
The secondaries market offers various tools sponsors can use, regardless of the lack of visibility caused by the covid-19 crisis.
Secondaries market leverage use is facing its first real test. Whether it passes will have implications for the future health and reputation of the industry.
Dayton Carr, who executed the first ever secondaries deal in 1979, remained focused on returns for his investors until the end.
Advisors are likely to widen their scope of deal type this year amid the pause in traditional LP sales and GP-led processes.
Widespread deal syndication could give rise to unanticipated problems amid the coronavirus crisis.
While the covid-19 story has a long way to run, several important themes have started to emerge.
GP-led processes were used to isolate top performing assets during the bull market, so why not the opposite now?