H1 2024 Global Secondary Market Review - Jefferies Group

3 GLOBAL SECONDARY MARKET REVIEW | JULY 2024 Market Status Check In H2 2023, we forecasted near-record secondary volume, increased LP pricing, even LP / GP-led volume …

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Mid-Year Review: A Record-Breaking 1H Of 2024 For The …

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Aug 8, 2024 · It’s shaping up to be a banner year for the secondary market. Global secondary volume hit a record $68 billion in H1 2024, driven by near-peak dedicated secondary capital …

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Half Time: How Is The Market Faring As We Move Into The Second …

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Sep 11, 2024 · Jefferies’ Global Secondary Market Review found transactions grew in 2024, with 10 LP deals hitting $1 billion or more. The first half of 2023 had six such deals. New sellers …

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Secondary Market Rises 58% As Sellers Start Unloading Assets

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Aug 27, 2024 · Global secondary deals reached roughly $68bn in the first half, up 58% from $43bn in total value during the first six months of last year and a record for the period, …

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Ibex Investors Raise $40 Million For First Secondaries Fund

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Jul 24, 2024 · In an interview with SecondaryLink, Jefferies Global Head of PCG Matthew Wesley laid down three key themes to expect for the secondary market in H2 2024 and shared his …

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H1 2023 Global Secondary Market Review - Jefferies Group

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2 GLOBAL SECONDARY MARKET REVIEW | JULY 2023 H1 2023 Highlights Global secondary volume was $43 billion, a decline of 25% from the record $57 billion set in H1 2022. Total …

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New Jersey MarketBeats | US | Cushman & Wakefield

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Oct 8, 2024 · In New Jersey industrial market, leasing grew by 19.4% quarter-over-quarter (QOQ), totaling 8.0 million square feet (msf) and bringing the year-to-date (YTD) total to 21.2 msf by …

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North New Jersey (Newark/Jersey City) Real Estate Market Reports

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Oct 10, 2024 · Download New Jersey Office Market 3Q24. New Jersey Industrial Market. The vacancy rate increased by 20 basis points quarter-over-quarter to 5.5% in the third quarter of …

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Global Secondary Market Review - Jefferies Group

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After LPs sat on the secondary sideline for most of 2020, they have returned to the market in earnest in 2021; traditional LP sales were $19 billion in 1H 2021, representing a 58% increase …

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FAQs about H1 2024 Global Secondary Market Review - Jefferies Group Coupon?

What will Jefferies expect in the secondaries market in 2024?

Overall, Jefferies anticipates the secondaries market will see over $140 billion of deal volume in 2024. It expects a further near-$40 billion of closed LP-led volume in the second half, with GP-led volume rising to reach $35 billion over the last six months of the year. ...

Is the secondary market ready for H2 2024?

(1) Source: ILPA poll. Despite LTM transaction volume increasing by ~22%, the secondary market is well-capitalized and dedicated available capital remains at peak levels heading into H2 2024. Secondary buyers deployed capital judiciously, with nearly 80% considering their deployment “on pace” with targets. ...

What was GP-led secondary market volume in H1 2024?

We estimate GP-led secondary market volume was $28 billion in the first half of 2024, representing 56% year-over-year growth and the highest first half volume since 2021. GP-led transactions comprised 41% of total secondary volume in H1 2024. ...

Will 2024 be a record year for secondary market volume?

The reports estimate volume at the end of the year will be around $137 billion to $145 billion. If either of those predictions come true, 2024 would be a record year for volume, surpassing the previous $134 billion record in 2021, according to Greenhill’s 2023 Global Secondary Market Review. ...

What did we expect in H2 2023?

In H2 2023, we forecasted near-record secondary volume, increased LP pricing, even LP / GP-led volume split, and sustained capital overhang in FY 2024. As shown below, the first six months generally aligned with our expectations: H1 volume was $68 billion, surpassing the previous first half record of $57 billion set in H1 2022. ...

How did GP-led transactions perform in H1 2024?

GP-led transactions comprised 41% of total secondary volume in H1 2024. After a strong recovery in activity in late 2023, driven by a combination of record secondary fundraising, several well-capitalized new entrants and pent-up supply, the market has continued its momentum. ...