All secondaries articles
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FeaturesSecondary markets and innovation boost private equity liquidity
Liquidity has reduced significantly in global private capital markets. Whilst private equity-backed IPOs are up this year, overall exit value is down by 66% and there is currently a large backlog of unsold assets, of which 40% are four years or older. The cumulative sum of unsold assets sits at $3.2trn (€2.9trn), according to Bain. Recent data from Preqin shows that capital called has exceeded capital distributed by $1.57trn since 2018, highlighting the lack of free capital in private markets.
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FeaturesPrivate credit secondaries come of age
Since the secondaries market came into existence, private equity has been the dominant asset class, but the tide is turning. It is finally time for private equity’s more youthful counterpart, private credit, to receive more of our attention. The private credit secondaries market borrows various elements from its older sibling, including best practices and deal structures, and it is now demanding the spotlight as awareness of the asset class increases.
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NewsPrivate equity still too expensive – GSAM survey
Real estate is the least popular alternative asset class, with three in 10 investors looking to decrease their exposure
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NewsWales Pension Partnership picks Schroders for £500m private equity mandate
The mandate will have a global investment focus, allocating across a number of industries including healthcare and technology
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News
Pension funds expected to become largest sellers on private equity secondary market in H2
Interim sales of private equity investments worldwide have grown steadily from $40bn in 2015 to $132bn in 2021, says Bain Capital
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NewsPrivate equity general partner-led deals could generate $200-300bn per year, says Schroders
Despite the current macro economic environment and geopolitical tensions the growth in secondaries transactions continues
