Illegal Activity
none
Blackmail
none
Date
2017
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is a report on the growth and prominence of GP-led Secondaries, noting the transaction volume in 2017 and the factors driving the trend. It highlights the increasing demand for liquidity from LPs and the use of the Secondary market by high-quality managers.
Metadata
- Subject
- Glendower Capital Secondary Opportunities Fund IV, LP - Growth and prominence of GP-led Secondaries
- Sender
- Lawrence Hirsch
- Recipients
- —
- Document ID
- DB-SDNY-0100629
- Date
- 2017
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Glendower Capital Secondary Opportunities Fund IV, LP | investment fund | GP-led Secondaries | Fund focused on GP-led secondary transactions |
Notable Quotes 2
The volume of GP-led Secondaries in 2017 was US$14 billion, representing approximately 24% of total Secondary market deal volumes.
LPs are taking a more proactive approach to rebalancing their portfolios, which have included growing demands for the liquidity that GPs have long promised.
Financial Information
Amounts:US$14 billionUS$0.6 trillion
Assets:
- Unrealized private equity assets
Transactions:
- GP-led Secondaries transactions including recaps, restructurings, tender offers, direct secondaries and spin-outs
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
People 1
Organizations 4
Glendower CapitalGlendower Capital Secondary Opportunities Fund IV, LPGreenrel CogentEvercoreHt
Text Analysis
- Tone
- Informative
- Purpose
- To provide information on the growth and prominence of GP-led Secondaries.
- Significance
- Provides an overview of the GP-led Secondaries market, including transaction volume and driving factors.
File Info
- File Name
- EFTA01394600.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:44.851079
- DOJ Source
- View on DOJ