The secondary market has emerged as a bright spot within the private equity space during the first half of 2020. With several sectors suffering the impacts of COVID-19, secondaries have experienced record levels of fundraising and dry powder and the successful launch of mega funds, with more in the offing. Performance has been strong, with consistent double-digit returns. Against an uncertain macro backdrop, secondaries appear a source of much-needed future liquidity.
Read our report for the latest data on the secondary market up to June 2020, covering assets under management, fundraising, performance, and buyers and sellers.