Converging Realizations
The spread between what people are willing to buy and sell is still high, but there is a growing realization that steeper discounts may be necessary. Funds are more willing to take deeper discounts due to their higher returns, while companies understand the need for liquidity without an IPO in sight.In this clip
From this podcast
20VC
20VC: Will LPs Pull Out of Existing Managers, How Will Fund Sizes Change Moving Forward, Is Now The Time to be Aggressive on Secondaries, What is the Discount on Secondaries Today, Who Will Win and Lose in the Next Five Years with Hunter Somerville, Partn
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