Editor's View

Our in-house take on what news, trends and developments affecting the secondaries market means to its different participants. In these weekly commentaries we stir discussion and prompt debate as well as comment on issues important to market participants in a lively and thought-provoking way.

Due diligence
Offshore charitable trusts are commonly used, but difficult to navigate.
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Industry heavyweights have highlighted the need to retain staff to help struggling businesses get back to full speed once economies reopen.
Plunging asset values could cause a wipeout in carried interest for fund managers, pushing them to look for other means of funding commitment to future funds.
The fund finance market is producing innovative solutions to the liquidity crisis, but they come with complexities.
Binoculars or telescope on top of skyscraper at observation deck to admire the city skyline at sunset.Telescope located on the Beijing Olympic Tower
Uncertainty over valuations, the denominator effect and LP defaults could be on the cards in the second half of a very unusual year for the private equity industry.
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What did we learn about private equity amid the unfolding of a pandemic?
The Neuberger Berman unit’s management-fees securitisation this week shows GPs are coming up with novel ways to give liquidity.
Blindfolded Man Illustration
A new paper argues LPs are turning a blind eye to high fees and mediocre performance in their PE portfolios. Is this a fair assessment?
Fund managers won’t be happy with every recommendation the LP body is making, but in a more challenging market environment investors will surely welcome the extra disclosure.
The leaders of some of the most prominent firms have spoken out about discrimination.
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