Davis Polk partner and Investment Management head Leor Landa was quoted in Private Equity International on GP-led secondaries deals. “We are more likely to see lower numbers [today] – 50 percent or 75 percent,” Leor said. “But there is still a conversation about why they are not rolling 100 percent. Sponsors shouldn’t get rich off doing the secondaries deal, but off realising it.”

“Secondaries alignment: Finding equilibrium through terms,” Private Equity International (September 1, 2022) (subscription required)

Copy link to share post