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Secondaries
GPs must prepare for hidden industry-wide effects of expanding retail funds, from shifting allocations to liquidity stress.
iCapitalโs partnership with secondaries technology provider Tangible Markets broadens the potential market of individual investors that GPs can raise funds from, Eileen Duff, the private wealth platformโs head of capital markets, told Private Funds CFO. The firmโs recently unveiled collaboration with Tangible includes offering advisers it works with the latterโs technology to buy and sell [โฆ]
The growth comes despite a decline in capital from traditional sources for closed-end funds, according to a new report from McKinsey.
According to the survey, managers are using more flexible investment models to meet LP demands for greater transparency and control.
Here are responses from industry thought leaders including Goldman Sachs, Carlyle, Apollo and NYCRS across areas such as dealmaking, fundraising and secondaries.
In this podcast, PEI Group editors discuss what GPs say they're focusing on amid the trade war-induced uncertainty, how the secondaries market stands to benefit, and how investors are reacting to the volatile environment.
GPs are looking to hold on to their prized assets for longer than ever, but repeated continuation vehicles are bound to invite questions from existing and prospective investors.
The registered โ40 Act fund aims to broaden the firmโs investor base and expand access to private markets.







