Secondaries

The raise comes at a challenging time in the private equity fundraising market, especially for newer managers.

In today's edition, Texas Municipal's new CIO is pro-PE and has Europe in his sights; Venture capital returns are falling short; ADIA leans deeper into GP-led secondaries.

Institutional investors share their insights on private equity trends for the year ahead with PEI.

Brooks Harrington, CIO, private equity at Federated Hermes, explains that the institution takes a 'deal first' approach to backing independent sponsors and building new relationships.

The Gulf’s biggest private equity firm has been actively using continuation vehicles across its Europe tech strategy this year, says Daniel Lopez-Cruz.

Volatility, new entrants and increased specialisation elevated the secondaries market to new heights in 2025.

While deal volume figures from earlier this year looked gloomy, data from the third quarter suggests activity may be picking up.

Ex-Blackstone dealmaker Mustafa Siddiqui’s firm, launched in January, closed its first CV with K1 Investment Management and has since made three more investments, affiliate title Secondaries Investor understands.

A challenging environment has created a gulf between those smashing their private equity fund targets and those falling short.

CVs continue private equity's history of innovation and evolution and will likely become part of the asset class's long term set of options for exits, co-managing partners Jeff Rhodes told Buyouts.