and creating value
in illiquid assets
Insights & News
Private equity secondary market update - pricing and volume
26 June 2018 (Multiplicity Insights). In this article, we conclude that the private equity secondary market is as strong as ever and that there are even suitable buyers for fund sizes below USD 1 million. With public and private equity markets at all-time highs and dry powder at record levels, we argue that now is as good as ever to consider a sale of LP interests.
Private equity secondary market update - sellers' motivations
28 May 2018 (Multiplicity Insights). There is a range of motivations to sell certain LP interests in the secondary market, just as there are many reasons to invest into private market funds. While the private equity secondary market is far from perfect, price discovery is usually efficient enough for secondary sales to represent a tactical option to LPs. In this article we explain the most common reasons for selling LP interests, and how the sellers and their motivations developed over time.