Commentary

Rather than wait out overallocation, LPs have headed to the secondaries market to continue their investments into private assets. The opportunities, however, far outstrip demand.

Ardian’s Wilfred Small and Arnaud Mercier speak with Secondaries Investor about Ardian's artificial intelligence platform and where AI's limitations are in private markets.

The SEC’s vote this week that makes third-party opinions in continuation fund transactions mandatory was a practice that was already becoming a market norm.

Tail-end specialist Willowridge Partners closed its latest flagship, Amberbrook IX, on $900m earlier this month.

A focus on secondaries can deliver strong advantages for new open-end private equity funds, writes Nadim Vasanji, a managing director at Northleaf Capital Partners.

There were 15 $1bn-plus LP-led portfolios brought to market in the first half of 2023, and market participants anticipate more LPs will follow suit. How many transactions will get over the line?

Listed alternative asset managers have been sharing their outlooks and fielding questions from analysts on the secondaries market.

A confluence of dynamics is driving secondaries activity in the asset class – providing dealflow and attracting more buyside interest.

Carlo Pirzio-Biroli, managing partner and chief executive of the secondaries firm, says it is easier to attract investors who want to write larger tickets – a difficult proposition with smaller funds.

There’s an interesting dynamic playing out in the secondaries market that suggests LPs’ thinking about how to manage their portfolios is evolving.