Secondaries

What’s in store for private debt in the second half of 2024?

The private equity and debt markets are gaining momentum but this doesn’t mean there’s no cause for concern.

StepStone Private Credit Income Fund launches

Quarterly redemptions on the interval fund are limited to 5% of NAV, with minimum investments of $25,000.

Goldman seeds €1.4bn credit fund with Pantheon, Temasek backing

The strip sale is the latest example of an asset manager using the secondaries market to build third-party AUM.

Growth opportunities: Credit secondaries

Investors in search of liquidity are driving the secondaries market.

Macquarie to launch secondaries advisory unit led by ex-APC exec

The financial giant has become the latest firm to get in on the growing GP-led advisory space.

Private debt secondaries take their place in the mainstream

A new survey suggests private debt secondaries have continued their ascent with more deals, stiffer competition and a wider group of participants

What is driving LPs to the secondaries market?

LPs want liquidity and GPs want to be in a position to offer it to them, while both want secondaries volume

10 key trends: The rise of credit secondaries

More and more LPs are embracing opportunities in credit secondaries, but the sector remains undercapitalised.

Kartesia: Private debt offers the necessary flexibility in times of stress

Whether it is to support founders seeking the next phase of growth or to address liquidity needs, opportunistic credit is a growing focus for private credit, says Guillermo Ferre, head of Spain and Italy at Kartesia.