With private credit fundraising flourishing, new managers emerging and GP-led deals on the increase, Leor Landa, head of Davis Polk & Wardwell’s investment management practice, and partner Sijia Cai, are expecting a bright future for the private credit secondaries market.
7 min read · 01 May 2025
Expert comment: The secondaries market is shrouded in uncertainty after tariff-related volatility. There are, however, reasons to remain upbeat over the longer term.
3 min read · 01 May 2025
The joint venture is structured as a RAIF and will look to acquire mainly senior-secured direct lending stakes.
2 min read · 22 April 2025
The US university that pioneers the ‘endowment model’ is selling its PE investments in the secondaries market for the first time.
3 min read · 21 April 2025
The strategy, one of the largest of its kind, closes amid ample opportunities in seasoned funds.
2 min read · 09 April 2025
The secondaries firm has bought interests in 44 senior direct lending funds from American National Insurance.
2 min read · 02 April 2025
A valuable product at a discount, eliminating the J-curve and a chance to exploit inefficiency are among their priorities.
5 min read · 03 March 2025
Innovation abounds in private credit, but lenders that focus on the basics are well positioned to attract investors in a crowded market, says Cliffwater’s Frances Beyers.
5 min read · 03 March 2025
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.
3 min read · 14 February 2025
