The Secondaries Boom Has a Pricing Problem Nobody Is Talking About
Everyone in private equity is celebrating the secondaries market right now, and I think that celebration is premature. The headline numbers look great: Adams Street closed a fund north of $5 billion,...
August 5, 2026
GCM Grosvenor's $1.2 Billion Credit Secondaries Fund Signals a New Institutional Asset Class
GCM Grosvenor closed its first dedicated Credit Secondaries Fund at $1.2 billion, the Chicago-based alternatives manager announced on July 23, 2026, pulling capital from institutions and wealth...
August 5, 2026
Interval Funds Explained: What AltsABF's $350 Million Milestone Tells You About Private Credit Access
A pension fund just wrote a nine-figure check into a mutual-fund-style wrapper most individual investors have never heard of. On August 4, 2026, Janus Henderson, Victory Park Capital, and Privacore...
August 5, 2026
How to Vet a GP-Led Continuation Fund Before You Commit Capital
Roughly half of all secondaries capital now flows into GP-led continuation funds, according to Adams Street Partners , which puts continuation vehicles at close to 50% of its 2026 secondaries...
August 5, 2026
Adams Street Just Raised $5 Billion for Secondaries. Here's What That Tells You About Private Equity's Exit Problem
Adams Street Partners just closed its eighth flagship secondaries vehicle, Global Secondary Fund 8, at $2.7 billion, and with $2.3 billion in related separately managed accounts stacked on top, the...
August 5, 2026
EquityMultiple Review 2026: What the Marketing Says vs. What the SEC Filings Show
EquityMultiple is a New York-based real estate crowdfunding platform that lets accredited investors put money into commercial property deals, short-term notes, and a couple of pooled funds, all...
August 5, 2026
iCapital Network Review 2026: The Wall Street Gateway to Alternative Investments
iCapital is the plumbing behind most of the "alternative investments for accredited investors" pitches your advisor has shown you over the past five years. The New York-based fintech now services...
August 5, 2026
The Secondaries Market in Charts: $226 Billion and Counting
The private equity secondaries market moved $226 billion in 2025, according to Evercore Private Capital Advisory's annual survey . Jefferies puts the number at $240 billion. Lazard says $233 billion...
August 5, 2026
Why Family Offices Say They’re Interested and Still Never Wire
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
August 4, 2026
Why Specialist GPs Are Beating Generalists in a Tight LP Market
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
August 4, 2026
When Health Institutions Lose Trust, Smart Families Stop Outsourcing Decisions
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
August 4, 2026
KKR Closes $19.2B Infrastructure Fund V: What Core+ Infrastructure Means for Alt Investors
KKR closed its $19.2 billion Global Infrastructure Investors V on August 3, 2026 — the firm's largest infrastructure fund ever. The fund targets Core+ assets: stable infrastructure with modest growth
August 4, 2026