Private Equity

Private equity's secondary market tidies up

Comment: It is the dog days of summer, but many secondary fund portfolios are in need of a spring clean

It is the dog days of summer, so it may be somewhat ironic that many secondary fund portfolios are in need of a spring clean.

Secondary funds often are touted as a way for investors to clean up their portfolios, giving them the ability to sell off pesky end-of-life funds and, in the process, reducing their administrative burden.

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