Private equity secondary funds have a history of strong performance across various market conditions, suggesting that their success typically isn’t tied to market timing. Instead, it relies on control.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Faced with hundreds of potential deals spanning vintages, structures and strategies, how do we narrow the field? We look for opportunities where we can leverage our strong GP relationships to gain insight into high-quality assets, seeking sales processes with favorable competitive dynamics.

Whether M&A or IPO activity is slowing or thriving, a strategy focused on secondary private equity may provide more stable cash flows compared to primary investments. However, the diversification of the underlying assets in the portfolio will likely play a key role in determining the level of cash flow.

Secondary private equity can potentially enhance the return and risk profile of a traditional 60/40 portfolio.

Individual investors can now access the formerly exclusive club of private equity through registered investment vehicles that focus on secondary investments, allowing for greater flexibility and potentially accelerated cash flow.