The booming secondaries market is reflected in this year's survey, with several respondents closing on twice the deal volume recorded in pandemic-hit 2020.
There is growing speculation that secondaries trading could surpass primary fundraising, as it has in the public markets, write Rod James and Amy Carroll.
The GP-led secondaries market continues to benefit from innovation and shows no signs of slowing down, say Akin Gump Strauss Hauer & Feld partners in this sponsored Q&A.
Innovative multi-asset transactions and deals that offer broad sector exposure are likely to be on the continuation fund menu this year, say Jeremy Duksin and Jonathan Abecassis in this sponsored Q&A.
Private Investment Partners VI can invest in PE, private credit, infrastructure and several other asset classes, with up to 20% going into secondaries.
The secondaries market is growing significantly, driven in part by GP-led deals. Yet this is only the start of its transformation, say Evercore’s Lea Lazaric Calvert, Jasmine Hunet Lamourille and Francesca Paveri.
The rise of GP-led secondaries is raising interesting questions about the level of returns LPs should be expecting, say Investec Fund Solutions' Ian Wiese and Michael Zornitta.