
Claire Coe Smith
The last 12 months have seen more ups and downs in the secondaries market than ever before. With GPs and LPs chasing liquidity against an uncertain macro backdrop, activity looks set to unlock in 2024, says our panel of industry veterans.
Four female industry veterans talk about what it takes for women to thrive in private equity, and how mentors, company culture and other factors can bolster recruitment and retention.
While LPs and GPs cry out for liquidity, secondaries funds are unable to recapitalize quickly, creating pent-up demand that bodes well for the future.
Falling valuations fail to cool private equity's appetite for enterprise software.
While GP-led clauses in fund agreements are not a silver bullet, certain LPA provisions could help GPs and LPs better navigate these transactions should they arise.
LPs seek out niches in an ever-more dynamic tech market.
GPs are stepping up on DE&I as investors hold them accountable.