Nicholas Neveling
The US secondaries market may have notched up record levels of deal activity in 2024, but global trade uncertainty and volatility elsewhere in the markets leave the situation delicately poised.
Rising dry powder and changing attitudes among LPs trading in the secondaries space have laid the foundation for a more diverse and specialized manager pool.
Investing in the operational infrastructure required to address the bespoke needs of the private wealth market will be key to unlocking the full scale of the opportunity.