Secondaries

How scarcity value is impacting the secondaries gold rush; why PE portfolios could have a maturity issue; StepStone defies headwinds to post a record year of fundraising.

'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.

While CVs are a paradigm-shifting innovation, the industry must be relentless in the pursuit of fairness and integrity when using them, writes Jeremy Coller, chief investment officer and managing partner at Coller Capital.

In today's edition, BC Partners has become the latest firm to heighten its investment strategy focus; Rethinking the illiquidity premium in semi-liquid vehicles; Fundraising update for Apollo's latest PE flagship.

Blackstone has held an initial close of $5bn for Strategic Partners Fund X with 'another major close' expected in the coming weeks, president and COO Jon Gray said on the firm's earnings call.

The Institutional Limited Partners Association's questionnaire asks GPs to disclose details including transaction terms and asset returns.

In today's edition, A veteran of UK private capital markets says the rise of private credit could lead to GFC-like concerns; Fundraising round-ups across infra, VC, impact, private debt and secondaries; Evergreens' love affair with secondaries looks set to continue.

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

In today's edition, Dispatches from the HKVCA Forum; Indonesia's SWF wants more private equity; Four secondaries data points to know.