We were delighted to partner with Franklin Templeton for an insightful session on Private Equity Secondaries. Niklas Risberg from Lexington Partners (a Franklin Templeton company) kicked off the discussion with an overview of the secondaries market history and growth, explaining the two main transaction types: LP-led and GP-led. Niklas highlighted the key benefits of investing in secondaries, such as diversification and faster access to cash flows.
Following the overview, Samantha Lin joined Niklas for a fireside chat to address common misconceptions about this evolving asset class. They explored topics including:
✔ The role and interpretation of discounts
✔ The impact of new market entrants
✔ Motivations behind GP-led transactions
The conversation also covered the importance of relationships, market coverage, and scale in navigating the secondary market successfully.
