The overallocation and liquidity pressures driving LPs to slow new fund commitments are also the reason why now could be an ideal time to be a secondaries buyer, say Adams Street Partners’ Jeff Akers and Joe Goldrick to Private Equity International (PEI).
“As a long-time secondaries market participant, we think there are almost always good investments available for sophisticated secondaries buyers, but certain periods have provided even stronger opportunities and we believe now may be one of those times.”
— Jeff Akers, Partner & Head of Secondary Investments
Learn more about Adams Street’s perspective in the full article titled, “Keynote Interview: The Secondaries Paradox” in the December issue.
Important Considerations: The above information is not investment advice or an offer or sale of any security or investment product or investment advice. Statements made are as of the date hereof. References herein to specific sectors or strategies are not to be considered a recommendation or solicitation for any such sector or strategy. While Adams Street believes in the merit of private market investing, such investments are subject to a variety of risk factors and there can be no guarantee against loss. Projections or forward-looking statements are only estimates of future results based upon assumptions made at the time such projections were developed and actual results may be significantly different. Adams Street Partners, LLC is a US investment adviser governed by applicable US laws, which differ from laws in other jurisdictions.