News & Analysis

Northleaf collected $1.3bn – above its $1.25bn target – for its latest private equity-focused secondaries fund last year.

Private credit is one of the most dynamic parts of the private markets industry and its secondaries market is poised for strong growth, according to Coller Capital's founder and CIO.

The acquisition lays the foundation for a one-stop shop for clients of both organisations, according to Andy Lund and Matt Swain.

The investment bank's secondaries business has joined forces with Capstone under a new unit of the Japanese bank.

Lexington Capital Partners X is more than 60% larger than its predecessor, which closed on $14bn in 2020.

Bastian Wolff, founding partner at Aquilius Investment Partners, expects more European and North American investors to pivot back to their home markets.

Market participants give their predictions for the secondaries market, noting that the amount of dry powder available will limit activity and leave buyers able to cherry-pick transactions.

A wider breadth of investors will take an interest in secondaries in 2024, market sources tell Secondaries Investor.

Banner Ridge Secondary Fund V closed well above its $1.4bn target and is 115% larger than its $1bn predecessor, Secondaries Investor has learned.

Continuation vehicles made up around 9% of total PE distributions in 2023 amid sluggish M&A and IPO markets, according to data from Baird.