In the first article of a two-part series, Private Equity Law Report covers insights on secondary transactions and co‑investments shared during Morgan Lewis’s webinar “State of the Private Funds Market,” hosted during the 2021 Annual Private Fund Investors Roundtable. Partners Jarrod Huffman, Oliver Rochman, and Joseph Zargari, along with of counsel Catherine Hunter and Michael Nissim, outlined key trends, important terms of purchase agreement, and other structuring changes that should be considered.