Chasing Liquidity
Secondaries surged to $152 billion in 2024 as LPs seek liquidity and GP-led deals approach parity. Pricing improved in buyout and infrastructure while venture stayed volatile. Mega managers amassed funds.
ABF, Private Credit and what it means for investors
Asset-Based Finance is emerging as private credit’s next growth engine, offering investors diversification, downside protection, and a complexity premium across consumer, commercial, and real asset categories.
