Market Views

The Evolution of Secondary Private Equity

The secondary private equity market has evolved considerably over the past two decades, evolving from a niche market characterized by distressed sellers and significant discounts to a functional and active marketplace with increasingly sophisticated participants. This primer explores the history of secondary private equity and answers investors’ concerns on what’s ahead for the asset class.


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Vern Perry, Senior Managing Director and Co-Head of Strategic Partners, also sat down to discuss the trends shaping the secondary market in our recent podcast. Vern looks at the trends behind buyers and sellers of secondary private equity today, and shares how Strategic Partners is addressing the needs of investors against this changing backdrop.


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