That Escalated Quickly
Who knew that the comedic genius of Mr. Ron Burgundy would capture the spirit of a multifaceted topic so well? And what is that topic, you ask? Well, what is nipping at the heels of COVID, QAnon, SPACs and WFH as the most discussed subject? Inflation. And the escalation of chatter around rising prices doesn’t look like it will subside anytime soon.
GP-Led Transactions: What LPs Need to Know
It’s no secret to those in the private markets that the secondary market looks nothing like it did a year ago -- or at any point in its history, for that matter.
Market Trends: A Surge in Distribution Activity
Consider where the private markets were one year ago in August 2020. Q1 2020 valuations had just been published, indicating private equity funds had declined 8% in a single quarter. Investment activity and, more importantly, exit activity had dried up.