The Jasmin Capital team is pleased to share with you the 11th edition of its newsletter in which we present:
1. Trends and outlook for fundraising and the secondary market, in a macroeconomic context that remains challenging but appears to be improving:
- Fundraising has been significantly impacted by reduced liquidity and more cautious LPs, leading GPs to adopt a more proactive approach by offering additional co-investment opportunities and making effective use of the secondary market (continuation funds, stapled deals, strip sales, etc.)
- The secondary market continues to grow and confirms its key role in providing access to liquidity, as well as its enduring relevance in active portfolio management
- In the medium term, greater economic clarity is driving a cautious sense of renewed optimism, paving the way for the long-awaited recycling of liquidity
2. The interviews with key players from the private markets industry:
- Yan Robard, from Dawson Partners
- Rune Jepsen and Toby Suen, from Queensland Investment Corporation
We wish you a pleasant reading.
Jasmin Capital team