Carlyle Names New Private Equity Head for Australia, New Zealand

As GP-led secondaries scale to record levels, top investors are flagging a widening gap between trophy assets and weaker deals, even as new financing tools like CFOs further blur the line between sale and securitization.

Some firms are finding the going so tough, they’re choosing to walk away entirely.

As many as $15 billion in portfolio sales are set to close this year, which is triple the reported amount closed in each of the previous two years.