Silas Sloan
Average bids for second-hand stakes in private debt funds rose to their highest point since at least 2017 in H1 2024.
A recent study shows an increase in buyside firms looking at venture capital secondaries.
According to mid-year advisory reports, the market is looking at a potentially record-breaking finish to 2024.
While H1 2024 did not see a large-scale fund close, several vehicles with hefty targets remain in market.
Details of Thoma Bravo Fund XVI and the returns of its predecessors have been disclosed in US pension materials.