Private-equity secondary market - Wikipedia In finance, the Private Equity Secondary Market (also often called Private Equity Secondaries or Secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds or the underlying private equity assets (e g , credit secondaries)
Secondaries: A Primer - Hamilton Lane Secondaries have historically generated attractive returns and low volatility versus other private market strategies They have the ability to benefit from growth while capitalizing on wider discounts in volatile or distressed markets
Secondary Investments: An Introduction | Hamilton Lane One strategy uses secondaries whereby a new investor, or secondary buyer, purchases an existing investor’s commitment to a private equity fund and effectively becomes a replacement investor as a limited partner (LP)
The Vital Role of Secondaries in a Private Markets Portfolio – Explained Secondaries are deals where a private equity investor buys an investment from another private equity investor The secondary market provides liquidity, higher and faster returns, and risk mitigation for investors Fundraising for private equities secondaries rose 159 percent from 2022 to 2023