Research & Insights


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February 14, 2023

Lazard 2022 Secondary Market Report

The secondary market delivered a second consecutive year of estimated volumes in excess of $100B in 2022, continuing to prove itself as a highly relevant part of the private capital markets irrespective of the macroeconomic environment.

August 15, 2022

Financial Sponsor Secondary Market First Half Review 2022

Secondary Volumes in First Half of 2022 Ahead of Same Period Last Year, With GP-Led Volumes Still Strong

January 31, 2022

Financial Sponsor Secondary Market Year-End Review – 2021

With the COVID crisis stabilizing in 2021, secondary market activity soared, with volume estimated to have doubled on estimated 2020 figures and GP-led transactions accounting for 50% of the market. LP-led activity started to recover in the second half of 2021.

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