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Secondary Markets Private Equity Funds Investment Funds

Ropes & Gray LLP

Continuation Funds: A Structural Phenomenon?

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A recurring topic of discussion among secondaries market players is the extent to which the growth in GP-led deal volume in recent years has primarily resulted from transitory factors, such as softness in exit markets. A...more

Ropes & Gray LLP

Undercapitalization in the Booming Secondaries Market: Why Buy-Side Capital Continues to Lag Behind Deal Opportunities Despite...

Ropes & Gray LLP on

With near-constant reports on the growth and scale of the secondaries market, and headlines announcing marquee secondary fund closings, such as Carlyle AlpInvest’s recent $20 billion fundraise, one could be excused for...more

Troutman Pepper Locke

The Evolving Continuation Vehicle

Troutman Pepper Locke on

Secondaries – and continuation vehicles, in particular – is proving to be a useful tool for both sponsors and investors. Depending on the value remaining in a particular asset or portfolio of assets, many investors in the...more

Herbert Smith Freehills Kramer

LP-led Fund Secondaries – What You Need to Know

Fund secondaries transactions have grown enormously over the last 20 years or so. Recently, funds have been under pressure to return capital to investors in the context of a range of market constraints on traditional exit...more

Ropes & Gray LLP

Another Step towards True Retail Access to Private Equity: Secondaries Market Perspective

Ropes & Gray LLP on

Many secondaries players began 2025 with the anticipation that the new presidential administration might further liberalize rules around access to private equity markets. SEC Chairman Paul S. Atkins and Division of Investment...more

King & Spalding

What is new in: Private Credit Secondaries

King & Spalding on

Private credit funds have ballooned across the industry to bridge the funding gap which followed the great financial crisis and the resulting regulation of traditional financial institutions. The maturing private credit...more

Cadwalader, Wickersham & Taft LLP

Secondaries Shift, April 2025 - Secondaries Outlook: A Market All Grown Up

We are now more than a full quarter into 2025, and it has been a very busy start to the year for the CWT fund finance practice, thanks in part to a busy quarter for secondaries fund finance deals. This is on the back of an...more

Walkers

Private equity secondary transactions and Jersey specific issues

Walkers on

Private equity (PE) secondary transactions have grown significantly in recent years, driven by increasing liquidity needs among investors triggered by geopolitical uncertainties, public market volatility significant declines...more

Troutman Pepper Locke

Evolving Landscape of Secondary Transactions in Private Equity — PE Pathways Podcast

Troutman Pepper Locke on

In this episode of PE Pathways, Thao Le and Stephanie Pindyck Costantino discuss the evolving landscape of secondary transactions in the private equity market. They highlight the significant growth in secondary transactions,...more

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