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The Troubles Plaguing Private Capital Create a Windfall for Secondaries

Funds that buy PE stakes from investors that need liquidity raised a record $102 billion — and 2025 could be another banner year.

Cornell’s CIO on Endowments Selling PE Stakes: ‘I Don’t Know What’s Going on There’

“We’ve stuck to our guns. We rebalance when we should and have plenty of liquidity,” says Ken Miranda.
James Comtois June 13, 2025