PE Secondary Deals - Attractiveness for Fund

Hey Guys!

I am currently preparing for an interview as an off-cycle intern at a large PE Fund (making direct investments, FoFs and secondaries). A previous intern told me some questions they asked him.

One of them was: what are the attractions of doing a secondary buyout?

Sadly, I could not find some more in-depth answers to that. Thanks in advance for your help!

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