Hannah Zhang
Financial advisers must decide whatโs best for their clients, rather than choosing between public markets and so-called alternatives, according to the asset manager's chief executive.
It is more in credit GPsโ interests to actively pursue liquidity than remain passive with tail-end portfolios.
Fundraising pressures, shifting fund terms and the rise of co-investments are reshaping the private funds landscape, says law firm Barnes & Thornburg.
The transactional nature of semi-liquid fund structures can place a lower importance on relationship building between investors and their managers, says Nicole Musicco.
While the exact size of the portfolio is unclear, affiliate Secondaries Investor understands the portfolio could range around the $5bn and $6bn mark.
The credit secondaries market is being rolled out 'on steroids', says Collerโs Michael Schad in a Secondaries Investor podcast.
In this podcast, two early pioneers in credit secondaries discuss whatโs fueling manager interest in the space and share their views on where the market is headed next.
Expert comment: The secondaries market is shrouded in uncertainty after tariff-related volatility. There are, however, reasons to remain upbeat over the longer term.
The US university that pioneers the 'endowment model' is selling its PE investments in the secondaries market for the first time.
The multi-asset CV was among several billion-plus GP-led processes that hit the market last year as firms sought to generate distributions for LPs.










