The secondaries market has grown meteorically in size over the past few decades. This once-nascent industry is now considered a differentiated investment strategy for investors, as well as a popular portfolio management tool that can be used to rebalance exposures, reallocating proceeds into newer fund vintages or locking in realized gains. The Third Annual Secondaries Outlook will address emerging opportunities and innovations within this industry that have the potential to disrupt and shift the market over the next few years.
As the secondary industry and market have grown, so has the use of innovative and complex strategies employed by various participants to provide new varieties of exposure. The discussion will center the differing ways in which asset owners are approaching the secondary market, touching on opportunities of size and scale available to secondary managers in a maturing market environment.