Hannah Zhang

MassPRIM to expand secondaries capabilities in 2026

The $123bn pension system's latest ambitions follow the creation of a GP-led-focused investment role in 2024.

Apollo’s Rowan: TPA opens up competition from private markets

Heightened volatility in public markets could speed up the adoption of the total portfolio approach among institutions, Marc Rowan has said.

KKR sees $100bn potential in Arctos acquisition

'We really like the idea of building a secondary platform with a blank sheet of paper,' KKR CFO Rob Lewin said on the firm’s Q4 2025 earnings call.

GP-level M&A deals reached record levels in 2025 – Campbell Lutyens

The number of GP stakes and GP M&A deals jumped 40% year-over-year, according to Campbell Lutyens’ latest GP M&A report.

BC Partners offloads real estate business to L&G’s Proprium

BC Partners will retain some economic interest in its $1bn inaugural real estate fund, with a 17-strong team joining Proprium, PEI understands.

Blackstone expects 2026 to be 'busiest year' for wealth product launches

The alternatives giant has tripled its private wealth assets over five years, according to president and COO Jon Gray.

Private wealth investors’ risk appetite bodes well for private markets – with some caveats

As companies stay private for longer, private markets are expanding and offering private wealth investors a broader opportunity set.

Private wealth investors see private markets as no riskier than publics – Hamilton Lane

The diversification benefits of private markets are a big draw for private wealth investors, Hamilton Lane managing director Jackie Rantanen tells PEI.

Most LPs choose liquidity over rolling into continuation funds – report

Nearly one-quarter of LPs have seen evidence of CV-on-CVs, according to Coller Capital’s latest investor survey.

Will the total portfolio approach reshape the secondaries market?

Under the TPA an LP’s selling decision is more likely to be driven by opportunistic considerations, rather than breaches of asset allocation targets.