Private Equity Secondaries

December 18, 2017

By Stuart Pallister Private equity (PE) transactions hit their highest levels since 2007 in the US and Europe in the first nine months of the year, according to the Financial Times citing data from Thomson Reuters, with the value of deals amounting to some 212 billion dollars, partly on cheap debt. At a conference on private markets, held recently at Ecole hôteliere de Lausanne, senior PE executives and academics discussed buyouts and the 'booming' secondary market for PE fund stakes. Professor Ludovic Phalippou of Saïd Business School at Oxford University, named in 2016 by RealDeals magazine as one of the 20 most influential...