Financing Evergreen Funds: The Growth of Individual Investors in the Private Equity Secondaries Market
Cadwalader, Wickersham & Taft LLP
Participation in the private equity secondaries market has historically been dominated by large institutions, with most transactions being funded by private secondaries funds backed by pools of institutional capital. However, times are changing. As has been widely reported, while the secondaries market has experienced rapid growth in recent years, it still provides only a fraction of the liquidity needed to ... |
