The credit secondary market more than doubled in volume YoY in H1, already surpassing the record deal flow for all of 2025.
Nine of fifteen tracked vehicles received requests above the 5% repurchase threshold, with previously unfulfilled tenders continuing to weigh on liquidity.
The advisor expects evergreen funds to attract $25 billion of inflows over the next 12 months, $11 billion of which will likely be deployed into secondaries.
The market's expansion has been fueled by the continued adoption of evergreens across institutional and wealth channels, supported by the growing availability of semi-liquid and '40 Act structures.
RSM examines the fundraising, regulatory, and distribution trends driving increased adoption of evergreen fund structures.
Belasko examines the regulatory, operational and distribution factors underpinning Luxembourg's evergreen fund ecosystem.
Mark Goldberg of Alternative Investments Market Intelligence analyzes why redemption queues across non-traded BDCs could take years to clear despite easing withdrawal demand.
Kennedys explores how growing insurance allocations to private credit are reshaping the BDC market and influencing risk, leverage, and capital formation.
Morgan Lewis analyzes how the SEC's latest proposal could broaden fundraising flexibility and reduce regulatory friction for alternative investment vehicles.
McDermott analyzes how private credit funds balance investor access and portfolio stability through differing liquidity and redemption frameworks.
