Altamar CAM Partners

The world may be reeling from geopolitical shock after geopolitical shock, but this uncertainty is only fuelling record-breaking secondaries activity.

AltamarCAM's secondaries capabilities were particularly attractive at a time of heightened interest in liquidity, Mercer's Michael Dempsey tells PEI in a Q&A alongside Jose Luis Molina.

GP-led secondaries would appear to provide an obvious route to liquidity for staking investors but there are some issues to iron out.

The continuation fund market remains popular because it can provide solutions for both GPs and their LPs, and increasingly robust performance data will likely further boost its growth, says AltamarCAM Partners’ Derek Snyder.

Key changes are still required to ensure individual investors have access to private markets, says Pilar Junco, co-chief client officer at AltamarCAM Partners.

Although European mid-market M&A remains muted, creative dealmaking in select sectors is beginning to unclog the system.