The private equity market is flexing its muscles. No
longer seen as the poorer relatives, private equity secondaries
have now carved out space as a proper asset class, with new trends
revitalising the market.
Following a rather modest first half of 2019 for the private
capital secondary market in terms of fundraising, we're now
seeing increased investor interest around the world.
At a recent TMF Group roundtable on 'advanced
secondaries', the feeling was that general partners (GPs) have
an improved appetite for secondaries. The prospects for the second
half of the year are promising, with several large funds making
moves. It's expected that the secondary market will continue to
grow and play an important function for diversified portfolios.
