May 28, 2018

PE secondary market sellers‘ motivations

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.

Andres Hefti of Multiplicity Partners talks about the most common reasons for selling LP interests, and how the sellers and their motivations developed over time.



This video is part of a multipart series accompanying a Multiplicity Insights publication. You can read the article here.