Each year, we canvass Secondary Managers operating in the market and publish our findings in a report that outlines the fundamental dynamics shaping the market, key considerations, and financing strategies being used.
The 2023 report
The findings of the Secondaries Report for 2023 show a strong and resilient market, capable of growth in turbulent times, providing a reliable avenue for investors to access liquidity. The research has been derived from speaking to over 30 Secondary Fund Managers across the globe and insights from other market reports. Access the report via the tile below.
77%
of Secondary Managers said they expect their use of debt financing to remain the same in 2023
46%
of Secondary Managers are using debt on LP-led deals – up from 30% last year
93%
of GPs said they believe 2023 deal volumes will exceed last year’s levels – up from 79% last year