Investors are likely to pivot from OpenAI and Anthropic to Stripe and Databricks.

This analyst note evaluates the US venture secondary market near its peak, examining AI-driven concentration, issuer trading restrictions, SPV risks, and the startups in line to become the market’s top names.

The 2025 PitchBook Global Manager Performance Score League Tables identify the top fund families across 10 fund strategies.

More than 70% of the program’s capital came from new clients, as institutional appetite for infrastructure liquidity solutions accelerates.

There was $34B in deals focused on a single company, as sponsors sought to hold onto trophy assets while cashing out investors

Founded by three former Ardian executives, the London firm is leaning on its AI-powered sourcing model.

The Q1 2026 PitchBook Private Capital Indexes report provides quarterly return benchmarks for each of the seven asset classes in the private market industry.

The Q4 2025 PitchBook Benchmarks (with preliminary Q1 2026 data) leverages a differentiated data collection process that results in one of the most robust fund performance datasets in the market.

As exit opportunities that would usually return cash to sponsors become scarce, private credit secondaries have entered the fray.

PE found a way around a difficult market for selling companies: It sells to itself. Now the SEC wants to know how.

The investment manager is reportedly considering securitization to generate liquidity for investors in its massive Strategic Partners secondaries funds.

The Q1 2026 Global Private Market Fundraising Report offers a definitive review of the private market fund landscape with fundraising, cash flow, dry powder, and AUM data across geographies and seven strategies, including private equity and venture capital.

Growth investments will target the firm’s best-performing assets, including two big rollups in the HVAC sector.

The Q3 2025 Global Fund Performance Report (with preliminary Q4 2025 data) offers commentary on the salient trends across private fund strategies’ performance.

This analyst note examines the patent infringement lawsuit between two of the most prominent venture secondary platforms and its implications for the broader secondary market.

They’re selective about software assets amid AI fears, according to two of the largest buyers in the market.

Fundraising more than doubled to $11.5B last year as maturing funds collide with assets built to last decades.

This analyst note examines the US venture secondary market’s record growth, its concentration risks, the impact of upcoming mega-IPOs, and structural shifts broadening access to private markets.