The secondary marketplace has added $42 billion year-to-date through mid-July, according to mandate data and manager launch data collected by Alternatives Watch.
What the second half of 2020 will look like is anyone’s guess, however, with investors continuing to clamor for private equity investment opportunities even as dry powder remains at historically high levels.
Secondaries saw a surge two years ago with approximately $72 billion being placed in secondaries in 2018, according to industry pioneer in the space Coller Capital.
According to J.P. Morgan Asset Management . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators