Limited Partners

Sellers on an uncertain price discovery journey

The ongoing expansion of the credit secondaries market looks like a buyers’ market. Sellers are selling because they must – buyers are buying because of a great opportunity.

Pantheon: Primary market noise brings secondary opportunity

Retail redemptions and software exposure highlight the need for liquidity across private credit, offering potential opportunities for secondaries investors, according to Rakesh (Rick) Jain and Toni Vainio at Pantheon.

What the tech revolution means for secondaries

AI may be poised to turbocharge secondaries underwriting, but digital marketplaces and tokenisation are yet to gain traction.

Davis Polk on the differences between equity and credit secondaries

The private credit secondaries market is taking off but, when it comes to GP-led deals in particular, there are key distinctions to be aware of vis-à-vis equity secondaries transactions, say Leor Landa and Sijia Cai, partners at Davis Polk.

How credit secondaries offer flexibility for LPs

Whether diversifying a portfolio or rapidly putting capital to work, credit secondaries offer a vital new tool for investors.

Infra debt most popular for 2026 credit allocations – research

Infrastructure debt is increasingly popular among LPs, particularly those with more established credit portfolios.

Mercer closes private assets fund on nearly $4bn

Marsh’s investment manager outpaces the target for its eighth vintage.

Standard Life targets first CLO deal amid structured credit push

The UK insurer is talking to managers of collateralised loan obligations as it eyes new areas of private debt. It’s also active in fund finance.

Blackstone’s Gray: Negative news doesn’t invalidate semi-liquid structure

The firm’s chief operating officer told a Moody’s conference, however, that ‘if you need the money to live on, it’s not appropriate’.

Japanese LPs find credit secondaries a challenging prospect

‘Asymmetry’ of information and lack of look-through are preventing some investors from participating, according to speakers at the Private Debt Investor Tokyo Forum.