The Private Equity Secondary Market: Explosive Growth and Future Outlook

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In a recent panel discussion held by Harvard Business School, Cari Lodge of Commonfund Capital and Gerald Cooper of Campbell Lutyens discussed the secondary market. Though Private equity secondary transaction volume was impacted by the Covid-19 crisis in early 2020, the market has rebounded, supported by GP-led transactions. Some experts have even projected the annual secondary volume could reach $250 billion in the next 5 years as limited partners more actively manage their portfolios.