Steady your portfolio in choppy waters with the secondaries market: where and how to invest assets for institutional investors.
Summary:
As institutional investors navigate the choppy waters of inflation, rising interest rates, geopolitical turmoil and the "denominator effect," some are turning to the secondaries market to steady their portfolios. Whether by increasing target allocations to private markets, holding on to current investments until the market improves, or offloading extra assets through LP-led transactions, the key is to have options for where and how to invest assets. With some prudent moves or patience, even the most overallocated LPs can find their balance.
Full Story: HERE (PitchBook)
Might be useful:
Please note, none of the content belongs to fff.vc, this is simply a preview to an original source of data! You can find all the linked URLs blow.
Reference:
- https://pitchbook.com/news/articles/institutional-portfolio-balance-pe
- https://en.wikipedia.org/wiki/Portfolio_(finance)
- https://en.wikipedia.org/wiki/Inflation
- https://blog.benchmarkcorporate.com/what-is-the-denominator-effect?hs_amp=true
- https://www.institutionalinvestor.com/article/b2022zq08nfrzz/GP-Led-Secondaries-Are-Having-a-Moment-But-Don-t-Discount-the-Traditional-Market#:~:text=In%20an%20LP%2Dled%20transaction%2C%20a%20buyer%20and%20a%20seller,LP's%20interest%20to%20the%20buyer.
- https://www.institutionalinvestor.com/article/b2022zq08nfrzz/GP-Led-Secondaries-Are-Having-a-Moment-But-Don-t-Discount-the-Traditional-Market#:~:text=In%20an%20LP%2Dled%20transaction%2C%20a%20buyer%20and%20a%20seller,LP's%20interest%20to%20the%20buyer.
- https://fff.peerboard.com/post/260535088
- https://fff.peerboard.com/post/543658489