Private Equity Secondary Markets: Sellers, Buyers, and Their Motivations
Summary
The document outlines a session about private equity secondary markets: transactions in existing investments, with coverage of seller and buyer types, their motivations, and factors that may make a secondary investment attractive compared with a primary one. It mentions angels, private equity and venture capital firms, family offices, and case studies involving Singapore and several Asian companies.
The session description also says it compares returns from primary and secondary funds and discusses the growth of secondary funds. However, the document provides no transaction mechanics, valuation framework, return figures, or case study findings. It is an overview of the session’s planned subject matter rather than a detailed guide, so readers cannot assess the claimed comparisons or draw conclusions about the relative merits of either route from this text alone.
Key ideas
- Secondary market transactions allow investors to buy existing private company interests.
- Sellers can include angels, venture capital firms, private equity firms, and family offices.
- Seller and buyer motivations shape interest in secondary investments.
- The session proposes comparing secondary investments with primary investments and examining fund returns.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.