Coller Capital's latest barometer has found that most investors see the main purpose of continuation funds as providing an alternative to selling assets at a low valuation.
The firm defines RE deals as any transaction where private equity is exchanged in the capital stack and where the operator maintains control over the asset.
Download our latest list of the continuation funds that were known or disclosed during the first nine months of this year.
Secondaries investors expect pricing for GP- and LP-led deals to mostly increase or stay the same, with few expecting decreases.
Secondaries are carving out a greater share of the private real estate fundraising market following successive record fund closures in the past 18 months.
Secondaries volumes in Q1-Q3 2024 match the full-year total for 2023, according to PJT's Q3 2024 Secondary Market Insight report.
More capital was raised in the third quarter of this year than the entire first half, fundraising data from Secondaries Investor shows.
Buyout and infrastructure secondaries had the strongest pricing, according to multiple reports, while venture pricing was the lowest.
The world's largest asset manager is banking on deal volume for the strategy reaching $25bn by 2027.
According to mid-year advisory reports, the secondaries market is looking at a potentially record-breaking finish to 2024.