Once “Unloved,” Private Equity Secondaries Just Had a Record Year
Institutional Investor
Michael Bennett, managing partner of Crewe’s Investment Banking division, lends his thoughts on private equity to Brenda Zang at Institutional Investor. Private equity secondaries have garnered investor interests after a record year, and Bennett explains the two types of PE secondaries. LP PE secondaries have “higher probability of success because you already know what investments are in the fund,” says Bennett.
