Is credit secondaries having its ‘moment’?

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1. 

   E31 · 13 Jul 2026 · 52 min

   The boom in LP-led secondaries

   This episode is sponsored by LGT Capital Partners, Dawson Partners and Pomona Capital Record volumes and growing liquidity pressures are pushing limited partners into the market as secondaries become a core portfolio management tool rather than a last resort. What was once viewed as a reactive measure has become a core tool for managing private equity exposure with repeat sellers now a defining feature of the landscape. Asset-class expansion is also encouraging more activity. In this episode, Secondaries Investor editor Madeleine Farman is joined by Dawson Partners’ Yann Robard, LGT Capital…

2. 

   E30 · 1 Jun 2026 · 45 min

   The evergreen effect: Secondaries’ newest investors

   This episode is sponsored by Partners Group, Lexington Partners and Davis Polk As private wealth capital continues to flow into evergreen structures, this dry powder is having an immediate impact on secondaries volume. While estimates on just how much evergreen capital is moving into the market vary, industry participants view it as a growing force within secondaries. In this episode, Secondaries Investor’s editor Madeleine Farman is joined by Partner’s Group’s Philip Hess, Lexington Partners’ Taylor Robinson and Davis Polk’s Christopher Healey to explore the relationship between evergreen…

3. 

   E29 · 21 May 2026 · 29 min

   The 'tremendous tailwind' behind infra secondaries' growth

   In a market shaped by slower exits and macro uncertainty, infrastructure secondaries is increasingly viewed as a defensive investment strategy as LPs seek stable cashflows and downside protection. Infrastructure secondaries saw approximately $9.5 billion of deployment in 2025, including around $5.5 billion across LP-led transactions, according to Evercore's 2025 Secondary Market Report. Among non-buyout strategies, only credit secondaries saw higher deployment volumes at roughly $20 billion last year. In this episode, Americas correspondent Hannah Zhang is joined by Wandy Hoh, head of…

4. 

   E28 · 5 May 2026 · 32 min

   Data Dive: Reading the signals in secondaries sentiment

   How is market sentiment shaping secondaries fundraising and deal activity? In this episode of PEI Group’s Data Dive podcast, PEI’s senior content producer, Evie Rusman, is joined by Secondaries Investor editor Madeleine Farman and PEI head of special projects for private equity Louise Fordham to discuss the findings from the Secondaries Investor Global Market Survey 2026. The survey, conducted in partnership with Goodwin, polled LPs, GPs, secondaries buyers and the intermediary community about market trends, transaction processes, deployment issues, regulation and more. PEI’s new Data Dive…

5. 

   E26 · 20 Feb 2026 · 35 min

   Secondaries' next iteration: market capitalisation in 2026 and beyond

   Secondaries volumes to date in 2026 are ahead of what they were at the same period last year, driven by a lack of distributions, with investors taking advantage of strong prices. LPs have become even more sophisticated in the past few years. A factor that is aiding their sophistication is the rise of asset class-focused products, offering them the ability to bring portfolios to market that are met with the right cost of capital. New entrants are coming to the market in earnest. These players represented 16 percent of the $226 billion of deal volume seen last year, compared with just 7…

6. 

   E25 · 6 Jan 2026 · 30 min

   What’s driving European secondaries activity?

   The European secondaries market saw a string of sizeable deals across the course of 2025, with expected growth continued both this year and beyond. European managers CapVest, Montagu, Norvestor and PAI Partners secured CV-on-CV transactions over the course of last year, with CVC, Inflexion and TDR Capital also securing sizeable CVs, to name just a few. Belgian holding company Groupe Bruxelles Lambert and APG Asset Management also scored large LP-led portfolio deals. In this episode, editor Madeleine Farman is joined by Gabriel Möllerberg, managing director at Goldman Sachs Asset Management,…

7. 

   E24 · 1 Dec 2025 · 52 min

   The new era of GP-led secondaries

   This episode is sponsored by Lexington Partners, LGT Capital Partners and Davis Polk In 2024, GP-led deals hit a record of $71 billion in transaction volume, accounting for 44 percent of the total secondaries market volume of $160 billion, according to Evercore’s FY 2024 Secondary Market Review. This is significant and marks the increasing popularity of continuation vehicles as an exit route. In this episode, Secondaries Investor senior editor Adam Le is joined by Lexington Partners’ Jeffrey Bloom, LGT Capital Partners’ Brooke Zhou and Davis Polk’s Leor Landa. The trio explore how GP-led…

8. 

   E23 · 2 Oct 2025 · 26 min

   Unpacking the early rise of GP stake secondaries

   GP stake secondaries transactions are steadily gaining traction as investors seek exposure to leading private equity firms. Though still in their early stages, these deals are often described as offering some of the most attractive risk-return profiles in today’s volatile market. In this episode, Jon Costello, founder of Devon Park Advisors, and Christopher Zook, founder and chief investment officer of CAZ Investments, join Americas correspondent Hannah Zhang in a discussion on the forces driving the rise of GP stake secondaries. With approximately $10 billion in assets, CAZ Investments has…

9. 

   E22 · 24 Sep 2025 · 43 min

   Inside secondaries' expansion into private wealth

   This episode is sponsored by Lexington Partners, Proskauer and StepStone Group The secondaries market is benefitting from private markets' push into the private wealth space, with managers either launching secondaries-focused vehicles or secondaries making up a meaningful component of many evergreen funds. Evergreen funds raised $16 billion in the first half of 2025 alone, 60 percent of which is dedicated to secondaries capital, according to estimates from Campbell Lutyens included in its H1 Secondary Market Overview Report. In this episode, editor Madeleine Farman is joined by Lexington…