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The secondaries market has gone from strength to strength in recent years, with annual transaction volume hitting a new high of $121 billion in H1 2026, per Evercore figures, after exceeding the $200 billion mark for the first time in full-year 2025. Fundraising also broke records last year, with secondaries funds colle...
The private markets industry is suffering from an overabundance of managers – a main cause of the challenged fundraising environment, according to Hamilton Lane's executive co-chairman.
"Let's say it ...