Direct secondaries slow as market stays busy

  • Overall secondary volume hit a plateau last year
  • Direct secondaries activity dropped
  • Directs will continue to drive market
The secondary market is as active as ever, but the amount of direct secondaries, like restructurings, slowed last year, according to intermediary Setter Capital. Overall secondary volume came in around $49.6 billion, Setter said in its newly released year-end volume ...
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