Debra Lussier and Marc Biamonte Discuss the Transformation of the Private Fund Landscape in Preqin

In The News
October 12, 2022

GP-led secondary transactions have transformed, and will continue to transform, the private funds landscape by changing the way sponsors and limited partners think about their funds and portfolio companies.

In a Preqin article, asset management partners Debra Lussier and Marc Biamonte share insight into the explosive growth of GP-led secondary transactions, how the market for the transactions continue to grow despite the uncertain macroeconomic environment, and how they provide GPs with another tool to meet their LPs’ objectives and generate returns

These transactions have experienced explosive growth over the past five or so years. In 2016, GP-led transactions represented 24% of the secondaries market. By 2021, they represented 52% of all secondaries transaction volume.