Can someone help me understand what it is that secondary private equity firms do and how they differentiate from traditional P/E? Is it just the case that these secondary P/E firms purchase assets/companies owned by previous P/E firms?
| +59 | Working on Juneteenth | 35 | 19h |
| +25 | Hardest time I have ever seen to be a GP | 3 | 1d |
| +20 | How to Get on Career Track / Stay Post ASO years | 6 | 6h |
| +19 | Weighing exit from LMM PC/PE | 3 | 6h |
| +15 | Healthcare PE | 6 | 2d |
| +14 | KKR comp for Principal | 12 | 6h |
| +12 | LMM groups within larger platforms? | 1 | 6d |
| +11 | Reality of the move from LMM to MM | 2 | 4d |
| +9 | MBA and Private Equity | 3 | 1d |
| +9 | Free LBO calculator: value bridge, sensitivities, formula-linked Excel export | 0 | 6d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Secondary PE firms essentially provide liquidity in an illiquid market by buying existing stakes. They are often able to buy close to par because there is usually some reason that the LP needs to exit.
Accusantium corporis soluta veniam laudantium. Illo optio velit voluptas ipsum saepe illo quo.
Necessitatibus ipsa sapiente magni asperiores sunt eos. Qui occaecati id et consequuntur voluptas est.
Eaque eligendi et dicta consequatur numquam rerum. Dolores in facilis qui quis aut doloribus. Non architecto beatae quaerat.
Vel consequatur sunt ut ut. Et qui consequatur occaecati magnam. Quia sunt dolorem vel ipsum quasi. Quis pariatur sequi est dolores. Voluptates laboriosam qui velit qui dolorem rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...