Dry Powder: The Private Equity Podcast cover image

The Rise and Rise of the Secondary Market w/ Lexington Partners’ Wilson Warren

Dry Powder: The Private Equity Podcast

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Navigating the Evolving Secondary Market in Private Equity

This chapter explores the dramatic growth and evolution of the secondary market in private equity over the past 25 years. It highlights the challenges and opportunities faced by limited partners and general partners as they navigate liquidity demands and evolving investment strategies. The discussion emphasizes the increasing importance of GP-led transactions and continuation vehicles in addressing the changing landscape of investor needs.

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