The secondaries industry is stepping up its reporting of the performance of continuation fund exits.
As lines blur between secondaries and co-investments, a strong rationale remains critical to LPs accepting continuation vehicles, say panelists at PEI Group’s NEXUS summit.
LPs are turning to the secondaries market to address liquidity constraints amid improved pricing, as compelling supply/demand dynamics and structural innovations help fuel LP-led dealflow.
Secondaries capital that comes with deep sector expertise may define the next iteration of the GP-led market.
Inside: An emerging managers special issue: Why smaller managers have multiple paths to exit; 10 emerging managers to watch; Expert analysis from Withum, Thayer Street Partners and Parallaxes Capital; Plus much more…
Inside: How LPs are seeking liquidity via secondaries as pricing picks up; The pros and cons of integrating GP stakes and secondaries; Expert comment and analysis from industry leaders; Plus much more…
New faces that are attracting capital in very lean times.
While much of the market is struggling to return capital back to LPs, newer, smaller PE managers have multiple paths to exit. With strong performance, the future looks bright for the newbies.
As secondaries activity accelerates, more traditional buyout shops are exploring adding these capabilities.
Inside: An exclusive interview with KKR’s co-heads of private equity; Inside Riverside’s leadership summit; The legacy opportunity in secondaries; Plus much more…