While secondary funds have traditionally been raised by managers focused solely on secondaries, a new trend is emerging where a growing number of traditional private equity firms are considering—or have already launched—secondaries platforms of their own.
In the first article of a two-part series, partner Joe Zargari discusses which types of managers are considering expansion into secondaries and why. “Many large PE shops without secondaries teams are exploring, building, or acquiring a secondaries platform. Very large PE shops tend to acquire existing secondaries platforms rather than build internal teams,” Joe said.
Read the full Private Equity Law Report article >>