data snapshot

Secondaries funds have raised record amounts so far this year and a big Q4 is likely – take a closer look at the figures in our latest interactive report.

Buyers will value a 'safe pair of hands' over pure return potential until the market stabilises further, according to Elm Capital.

The proportion of respondents who are 'not concerned' about liquidity was 81% across the summer, compared with 46% in the spring, according to a survey by the advisory firm.

More than four out of five of funds to transact in the first half of this year were 2013-vintage or newer, up from half at the end of 2019.

The once niche strategy has gained traction in the face of stiff competition from banks and debt funds, data from the advisor's mid-year report show.

Buyers being cautious of imminent write-downs in H1 fuelled the lowest pricing since 2012, according to the advisor's latest mid-year report.

Private equity volumes dropped by 58.5% and real estate by 53.4%, with infrastructure showing resilience, according to Setter Capital.

Capital raised in final closes jumped 455% year-on-year, setting a record for the strategy, according to Secondaries Investor data.

Just eight of the world's 50 biggest private equity firms according to the PEI 300 are involved in secondaries.

Valuations and pricing have become closely linked as buyers put less emphasis on future upside when evaluating assets, according to Elm Capital.