Commentary

Direct secondaries investors looking at China should be realistic about exit options and future growth of their portfolio companies there, according to NewQuest's Bonnie Lo.

When conceived and executed the right way, GP solutions transactions can create a win for all parties. Greenhill Cogent's Brian Mooney and David Eberstein identify some key components of a successful GP solution.

There are enormous pools of money in Japan just waiting to be deployed into alternative assets, and the secondaries market is the logical place for institutional investors there to start.

Sales of tail-end fund stakes are expected to increase this year, so buyers will have to carefully weigh the enticing discounts against some potential portfolio howlers.

The secondaries market in Africa may become larger relative to the primary market than in North America or Europe, according to Credit Suisse.

While infrastructure accounted for just $1.6bn of the secondaries market last year, funds needing liquidity solutions could be valued at tens of billions.

High pricing and considerable dry powder means sellers can benefit from selling stakes, while secondaries players can also pick up attractive deals in the market - so which side is it better to be on in 2016?

Dealflow in real estate secondaries jumped 71% last year and market participants say another rise this year will be dependent of a couple of things.

Leveraging a portfolio for liquidity can be similar to refinancing a property, but what effect does this have on the secondaries market?

If the fund you have invested in is having problems, it is important to know if the vintage as a whole is in trouble or if your fund is an exception.