Purpose To review and analyze the key structural considerations secondaries funds and funds of funds must consider when … the potential impact of certain types of events of default. Findings Secondaries funds and funds of funds have raised … issues unique to this type of fund finance. Provided the facilities are properly structured and negotiated, secondaries funds …

This descriptive paper analyzes the performance of the private equity secondaries market during the financial crisis … stress. We document that the secondaries market followed the development of the crisis very closely, with effective market … secondaries market can be best understood as the cumulative effect of behavioral and accounting-based elements. The available …