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.

One of Dechert’s top lawyers believes the power balance between LPs and GPs is starting to level out.
Private equity continues to face a liquidity crunch. Could a new technology for exits be on the horizon?
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A Capstone survey has found that more than half of LPs consider NAV financing and preferred equity a ‘poor’ way to generate liquidity.
PEI caught up with fundraising experts to discuss Asia-Pacific reallocations, tricky re-ups and incentives managers will use to lure investors this year.
As the year draws to a close, the PEI editorial team gathers its top predictions for 2024. Expect to see more AI, semi-liquids and GP stakes as the year pans out.
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Investors remain bullish on the long-term outlook for private versus public markets investing in the face of high interest rates and inflationary pressures, according to PEI’s LP Perspectives 2024 Study.
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The UK government will permit Long-Term Asset Funds in specialised individual savings accounts from April 2024, with details on how this will be implemented still to come.
A recent continuation fund exit by TPG is further evidence that such vehicles can reward investors with the capacity and desire to roll over, or those who opt to back funds investing in these deals.
A firm launched this week with the backing of US pension funds represents a new breed of fund of firms vehicles.
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It’s never a bad idea to rethink incentivisation models in the interest of LPs’ returns.
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