Buyouts spoke with Jeff Akers, Partner & Head of Secondary Investments, to discuss the prevalence of GP-led deals in the secondaries market and what that could mean for risk-return profiles.
According to Jeff, there does appear to be capacity for new entrants in the single-asset GP-led space given its growth.
“I think a more interesting question around single-asset GP-led deals is how existing investors manage a level of concentration that they have never dealt with before. Smart buyers will think very hard about the concentration levels in their funds and place limits on the amount they take in a single company.”
— Jeff Akers, Partner & Head of Secondary Investments, Adams Street Partners
Read the full article to learn more about how Adams Street sees the secondaries market shaping up in the full article titled “A Two-Speed Market?” in the June issue of the Buyouts Secondaries Special Report.