Kreutzer’s Take: Three Secondary Deal Sources to Watch in 2019

Secondary deal volume is on track for another annual record in 2018, with strong pricing bringing both opportunistic and strategic sellers out of the woodwork. A range of sellers took advantage of a favorable market in 2018, including large pension systems floating billion-dollar plus portfolios, general partners looking to recapitalize funds, and funds-of-funds and secondary managers seeking to liquidate tail-end assets.