In this episode, Bridget Walsh, EY Global Private Equity Leader, will be discussing the role of secondaries in the private equity market with Mark Benedetti, Co-Head of Ardian US.
The prediction is that the secondaries market is going to be $200, $300 or even up to $500 billion in some estimates in the next 5 to 10 years. Any big market needs a secondary market to function properly, and private equity is no different. What was once considered a tool for groups who are liquidity constrained, secondaries are now used by groups to actively manage their portfolio.
Key takeaways:
The secondaries market has evolved in tandem with, and in support of the private equity market. Find out:
- What has driven the growth of secondaries and the potential for significantly more going forward
- How secondaries are being used to actively manage portfolios
- How cyclical the PE industry is and if returns are possible on both sides of the cycle
- Not all NAV is created equal
- Where the top 9 or 10 players in the market will be in the next 3-5 years
For your convenience, full text transcript of this podcast is also available. Read the transcript.
Presenters
Bridget Walsh
EY Global Private Equity Industry Market Leader
Mark Benedetti
Co-Head of Ardian USPodcast
Episode 56
Duration 19m 37s
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