Hannah Zhang

While more LPs are participating directly in CVs and secondaries transactions, such investors remain 'the exception, not the norm' in the market, according to BCI's global head of PE.

PEI analysis exposes the immense variety in benchmarking approaches from 20 of private equity's largest investors.

Ohio's $23.4bn public school employees' pension is the latest LP to invest in the fund, committing $50m.

Adoption of evergreen vehicles is broadening across the secondaries buyer universe, according to a report from Evercore, with this capital increasingly deployed into a broadening set of opportunities.

AI disruption 'reverberated' across both the LP-led and GP-led markets in the first half of the year, according to Campbell Lutyens' Gerald Cooper.

The Cynosure Group is moving RIA firm Savant Capital Holdings into a single-asset CV.

The firm, which is also planning to launch its first infra secondaries vehicle, has raised $9.3bn to date for Fund VI, according to its H1 2026 results.

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.

New 2ND expects to close the fund, which is targeting $1.25bn, by year-end or in Q1 2027, Secondaries Investor has learned.

The system’s limited exposure to AI-related sectors has weighed on its PE returns, according to PE director Michael McGirr.