There’s a quiet shift underway in how fresh capital is entering the private equity market.
Historically, this capital—often held in cash or public markets—was first deployed into more familiar strategies like buyout and growth. Now, many investors are bypassing this path entirely, opting instead for secondaries, stated senior executives at global consulting firm Mercer.
“The secondary markets are at the forefront. The volume of high-quality opportunities has surged, and with the support of experienced partners, investors can quickly gain access and execute deals,” said Adeline Tan, Head of Investments for Asia at Mercer.
