Limited Partners Bullish On PE Secondary Funds, Survey Says

Law360, New York (March 21, 2013, 6:36 PM EDT) -- Nearly all private equity limited partners expect the sale of private fund stakes on the secondary market to increase in 2013, suggesting investors are looking for liquidity as the market rallies, according to a survey by Preqin Ltd. released Thursday.

Roughly 43 percent of LPs surveyed by Preqin said they expected private equity activity on the secondary market to increase this year. Another 55 percent said they believed it would remain at or near 2012 levels. 

Preqin interviewed 40 LPs in March for the survey, and...
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