Last week in our special series on private equity secondaries, we discussed how GPs are leveraging newly developed liquidity in that market to manage funds and assist their LPs with their specialized investment needs. Given today’s challenged capital markets it’s also tougher to extract expected values from your best properties.
Sponsors are looking inwards and leaning into “know what you own,” our head of secondaries, Nick Lawler, tells us. They can raise…
▶︎ Read September 18 2023 newsletter: here
▶︎ Chart of the Week: here (by Board of Governors of the Federal Reserve System (US))
(Any “forward-looking” information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition Past performance is no guarantee of future results. Investing involves risk; principal loss is possible.)