The moves come three years after the LP representative body issued its initial guidance on GP-led fund restructurings.
Sizeable closes from Coller Capital, LGT Capital Partners and others anchored fundraising in a year when many players entered the growing market.
Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser's annual survey.
Large recapitalisations and a rebound in LP portfolio transactions drove real estate secondaries to the highest mark yet.
While GP-led deals managed to retain their dominance over LP deals by a thin margin, both halves are poised for continued growth this year.
In the absence of market mammoths, firms raising for once-niche strategies such as concentrated-asset deals and preferred equity populated this year's list.
As private equity secondaries become more commonplace, a clear rationale for the value a transaction creates is key.
Strong currents also point to much more opportunistic buying and selling, according to affiliate title Private Equity International's LP Perspectives 2022 Study.
The private assets secondaries market could be more liquid for large LPs than public markets, according to Ardian's former fund of funds head.
We surveyed 90 fund managers and lawyers to ascertain how the industry could be affected by changes to carried interest.Â
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: