The secondaries puzzle
There are signs of growth in the debt secondaries market, but investors appear less then enthusiastic about new commitments.
Nearly all the indicators seem to be going one way: increased appetite for private credit secondaries. In this context, the record $1.4 billion fundraising for Coller Capital’s Credit Opportunities I fund last week was no great surprise. The vehicle raked in almost double the $750 million it set out to achieve in May last year.