Strategic Partners, led by Verdun Perry, has $69 billion of assets under management and about 5,500 of acquired limited partnership interests.
Ares’ secondaries group has more than $24.8 billion of assets, and Nate Walton heads its private equity secondaries strategy.
Private equity secondaries transactions have increased in volume as investors — known as limited partners — hunt for liquidity in a slow dealmaking environment. Portfolio sales by limited partners increased to $60 billion last year from $53 billion in 2022, according to a PJT report.
Source: Yahoo Finance
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