GP-led private debt secondaries "a month away" if covid-19 volatility hits cash flows

By Michelle D'souza

Private debt secondary funds have seen uptick of limited partner-led opportunities as institutional investors and family offices dispose of fund level commitments to gain liquidity, sources say. And general partner-led secondaries focusing on the lower middle market could emerge shortly if volatility hits companies’ cash flows

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TAGS: Direct lending North America Coronavirus crisis 2020