Video library

The rise of secondaries

As PitchBook’s 2H 2014 U.S. PE & VC Fundraising & Capital Overhang Report details, secondaries funds have become increasingly popular in 2014. Possible key factors in the rise of secondaries include, on the sell side, regulatory pressure on financial LPs to divest private equity holdings, as well as short-term liquidity needs from public pensions. From a buyer’s perspective, secondary fund sales offer diversification at a discount as well as an accelerated distribution timeline. The video above recaps recent activity in the secondaries market.

Related videos