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Hsu, based in San Francisco, will focus on institutional investors on the West Coast, while Todisco, based in New York, will focus on institutional investors on the East Coast.
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.
June 10, 2026
With investors deploying an abundance of capital to debt funds, should lenders and private equity firms be concerned?