Private Capital Secondaries Reach New Heights In 2017

Private Capital Secondaries Reach New Heights In 2017

Record fundraising is matched by record transaction activity as industry gains prominence


Check out our H2 hedge fund letters here.

Qualivian Investment Partners July 2022 Performance Update

stocks performance 1651757664Qualivian Investment Partners performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more Dear Friends of the Fund, Please find our July 2022 performance report below for your review. Qualivian reached its four year track record in December 2021.  We are actively weighing investment proposals. Starting in November Read More

The private capital secondary market had a banner year in 2017. The fundraising market saw records in the number of funds closed and total capital raised: transaction activity, meanwhile, reached an estimated $58bn through the year*, a new high. The industry is increasingly seen by investors as a portfolio management tool, and four out of five buyers believe that is the primary motivation for sellers, along with the need for liquidity. As the industry grows in prominence, secondary buyers are increasingly targeting fund managers: a third of buyers purchased fund interests from fund managers or funds of funds, twice as many as in 2016. However, there are signs that competition is rising. The majority of secondary buyers reported that pricing was higher in 2017 than the year before across almost all private equity fund types, and they are increasingly turning to non-traditional transactions such as fund restructurings or stapled secondaries.