Investors offloaded a record amount of private equity stakes on the second-hand markets last year, as the prolonged drought in dealmaking has encouraged pension funds and buyout groups to seek other ways to cash in their investments.
Volumes traded globally reached $162bn in the so-called secondary market, where investors in private equity or other private funds sell their stakes to new investors for cash, or the fund managers themselves sell company stakes to new funds.
The total was a 45 per cent increase on the previous year and more than 20 per cent higher than the previous peak in 2021, according to an analysis by investment bank Jefferies.
您已阅读16%（651字），剩余84%（3481字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。