FVC2133. Private Equity Secondaries and Co-Investment: Where Private Equity and Venture Capital is Moving and How Valuators Can Add-Value

Secondaries investment has doubled to over $65 billion annually. The asset class is the hottest area of private equity capital in the last seven years. The surge since 2014-2015 has forced private equity sponsors, faced with record amounts of dry powder and arguable over-valuation in private markets, to seek later-stage LP interests ("traditional secondaries") or direct investments such as co-investments.

Fund valuation expert Justin Kuczmarski CPA/ABV/CEIV/CFF breaks down the market outlook and the opportunity for valuators to navigate secondary interest assignments and add-value to these fractional interest valuation engagements.

Learning Objectives:

• Understand Private Equity Secondaries and the Opportunities and Challenges in the Asset Class
• Analyze the Conceptual Fundamentals and Why Private Equity Secondaries Are Going