Private Equity

Secondaries

Private Take: Are shifting investment behaviours strengthening or straining LP-GP ties?

LPs and GPs are increasingly divided on whether certain investment behaviours are truly beneficial to their relationship, writes Jennifer Choi, chief executive of the Institutional Limited Partners Association.

4 min read · 05 March 2026

Side Letter: Is your job safe?

GPs seek to downplay fears that execs will lose roles to AI; consolidation is creating GP selection headaches for LPs; why New Mountain is convinced CVs are here to stay.

5 min read · 05 March 2026

Are CVs the answer to GP stakes exit challenges?

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

6 min read · 05 March 2026

How CV dealmakers are addressing LPs’ process pain points

GP-led deal volume hit an all-time high in 2025, but record growth doesn’t necessarily equate to LP satisfaction with continuation vehicle processes.

7 min read · 05 March 2026

Next Gen alumni on the future of GP-led secondaries

From CVs on CVs to greater specialisation, secondaries professionals who have previously featured on our rising stars list share their insights on the market’s evolution.

6 min read · 05 March 2026

Why GP-led secondaries will gain traction in APAC this year

GP-led deals in the region remained a fraction of the global market in 2025.

5 min read · 05 March 2026

Unlocking impact capital via secondaries

More creativity in the impact secondaries market could help boost commitments from liquidity-constrained LPs and allow for longer investment runways.

3 min read · 05 March 2026

Are GP-led secondaries deals and evergreen funds a good match?

With evergreen fund investment in GP-led deals on the rise, how compatible are these transactions with vehicles that offer investors a degree of periodic liquidity and, in most cases, diversified exposures?

7 min read · 05 March 2026

Three key trends in GP-led secondaries

The GP-led market is going from strength to strength, but there are still challenges to address.

4 min read · 05 March 2026

North America expected to remain top dog of secondaries dealmaking in 2026

Despite economic headwinds, geopolitical uncertainty and more, there’s still strong appetite for North American secondaries this year.

3 min read · 05 March 2026

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