Palico PE Key Trends

Secondary Pricing Report H1 2019 - Funds Selling at Par in a Market Poised for Record Volume

Jul 11, 2019, 11:07:33 AM

Tags: Private Equity KeyTrends, secondaries

Secondary Pricing report H1 2019

We are excited to present you with our latest secondary pricing report. Whether it’s mean or median, the typical transaction on the private equity secondary market is valued at 100 percent of net asset value, according to a Palico survey of limited partners who’ve successfully purchased stakes in closed funds over the last six months. This is the third time in a row - and only the third time overall - that Palico’s secondary pricing survey has recorded an average price of par or better. This is occurring in a secondary marketplace where average pricing has historically been at a discount to net asset value. The latest survey covers 36 funds of all types, from buyouts to private debt, infrastructure and energy.

 

Download the report