
CVC Capital Partners Raises $10 Billion for Its Largest-Ever Secondaries Fund
CVC Capital Partners closed its largest-ever secondaries fund on September 3, 2026, raising $10 billion for Secondary Opportunities Fund VI (SOF VI) — nearly doubling the $5.8 billion its predecessor

How an LP Should Read a Continuation Vehicle Fairness Opinion Before Deciding to Roll or Sell
TL;DR: Continuation vehicles generated $65 billion of GP-led secondary volume in the first half of 2026, up 35% year over year, according to Evercore's H1 2026 Secondary Market Review — and every one

CVC's $10 Billion Secondaries Fund Signals a Compressed Market
TL;DR: CVC Capital Partners just closed a $10 billion secondaries fund , its sixth and largest, more than 70% bigger than the $5.8 billion it raised in 2023 and nearly four times the $2.7 billion it r

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...

MetLife's $1.2 Billion Managed Secondary: What Insurers Selling Their Own PE Book Really Signals
MetLife just sold a chunk of its own private equity book to itself, and it did it for the third time in four years. On August 3, 2026, MetLife Investment Management (MIM) announced the close of its...

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...

The Endowment Model: Can Individual Accredited Investors Really Replicate the Yale Playbook?
TL;DR: The Yale Model made David Swensen famous by dumping public stocks and bonds for private equity, venture capital, hedge funds, and real assets. Individual accredited investors now have real...