Managing Director Mauro Pfister explores the opportunities within Secondaries, as the market continues to evolve and mature. For Mauro, momentum in the LP-led market will continue, with significant deal flow likely to come to market soon. However, the market will remain heavily concentrated towards the largest deals. As Mauro argues, this concentration leaves the mid-market structurally underserved, with smaller deals offering less competition, a larger set of assets to select from, and the opportunity for structuring creative solutions - all factors that offer the most attractive risk-adjusted returns.
Read the full article (in German) here: Chancen in einem wachsenden Secondaries-Markt | Intelligent Investors