On second thoughts
Over the past couple of years, the private equity industry has seen a significant increase in secondary deals, just as was seen after the great financial crisis back in 2008-9. As a result of the pandemic and wider macroeconomic issues the world is currently facing, institutional investors are once again reordering their portfolios.
The recent surge in secondary deals creates a new layer of complexity and level of work for GPs.
Categories: AnalysisFundraising & fund structuring