Infrastructure Secondaries Is a $16 Billion Market

Infrastructure secondaries is a roughly $16 billion market, split roughly evenly between LP selling portfolios of stakes in infrastructure funds and so-called GP led transactions. Green says that drivers of sales in infrastructure are the same as the ones in private equity,. Both for LP sales and for GP led processes. On average 10% of the fund raised in the primary market ends up in some shape of form on the secondary market around five years later.