The private capital secondary market is on course for a record year, with transaction volumes potentially reaching $250bn after hitting an unprecedented $121bn during the first half of 2026, according to a report by Bloomberg citing comments from Nigel Dawn, global head of private capital advisory at Evercore.
Dawn said the market’s rapid expansion reflects a fundamental change in how large limited partners (LPs) are using secondaries to generate liquidity as private equity portfolios continue t...
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