Secondaries Had a Big 2023. This Year Could Be Bigger.

Last year was a big one for the secondary market. The party isn’t over yet though: Industry experts predict that 2024 will be another record year for the exit strategy.

Between $110 billion and $115 billion of stakes in private funds changed hands in 2023, depending on who you ask. According to a recent secondaries report from BlackRock, this is the second-highest year of closed transaction volume on record. READ MORE