The past year has seen an evolution in the advisory space as co-advisory mandates have become an increasingly common outcome with advisers divvying up services on deals, according to Secondaries Investor’s latest survey of intermediaries.
Access the Secondaries Investor Advisory Survey 2025, as well as surveys stretching back to 2015, by clicking on the tiles below.
LATEST SECONDARIES INVESTOR HEADLINES
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In this podcast, senior leaders from Partners Group, Lexington Partners and Davis Polk break down how private wealth demand, liquidity needs and evolving fund structures are accelerating growth in evergreen capital across secondaries.
In defence of valuations
Senior execs have been working to spell out why secondaries mark-up practices make sense following public scepticism from peers.
Buyers and sellers pay over $25,000 for legal counsel per LP-led fund interest
GP counsel fees paid by both sides of a deal ranged from zero to around $79,000, according to research by AI workflow automation platform AltConvey.
Is UK regulatory scrutiny a competitive disadvantage for secondaries deals?
The real challenge appears operational rather than structural from a geographical standpoint, writes Winston & Strawn’s Yulia Makarova.
Oaktree partners with Pantheon to scale European lending
The deal will see up to €1bn of investment to grow Oaktree’s European direct lending platform.
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