Alternative Investments
Why Private Equity Secondaries Trade at a Discount to NAV (And When That Discount Disappears)
Private equity secondaries priced at an average of 87% of NAV (net asset value, the fund's reported value of its holdings) through 2025 and into the first half of 2026. That single number hides a...
Jeff Barnes, MBA··10 min read
Private Equity
AlpInvest's $1.7 Billion Continuation Vehicle Fund: What a 393% Jump Signals
TL;DR: Carlyle's AlpInvest arm closed AlpInvest Atom Fund II (AAF II) at a $1.7 billion hard cap on July 15, 2026, a 393% jump from its 2023 predecessor fund, according to Alternatives Watch . The fund buys into...
Jeff Barnes, MBA··10 min read