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2016 outlook

Looking forward: North America in 2016

GP-led restructurings will continue to represent a growing part of the secondaries market, while buyers can expect more jumbo deals coming their way.

Looking forward: Europe in 2016

The continent's secondaries market will see more tail-end sales and a rise in direct secondaries among other anticipated big trends for 2016.

Looking forward: Asia-Pacific in 2016

Greater dealflow will come from Australian superfunds and Japanese pension funds, but pricing may also widen.

Neuberger Berman sees a possible record year for secondaries

The investment management firm anticipates that volume will be between $35bn and $45bn for 2015.