Shedding new light on secondary markets

Those unfamiliar with the secondaries market could be forgiven for thinking that it existed separately from a hard-hit private equity industry. While buyouts and fundraising have faltered, secondary transactions have continued to flourish….

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A Private Word With Brent Nicklas

Brent Nicklas founded Lexington Partners back in 1994 just as the secondary market was in its infancy. The firm now manages some $20 billion in committed capital across both secondary investment and co-investment strategies. It closed a record $7 billion pool of...

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