GP secondaries
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 14, 2025 by Tim Sullivan · across every show →
Everything said about GP secondaries, oldest first
Jul 14, 2025
Sullivan: GP-led secondaries originated around 2010 to resolve zombie funds
“Some of the original GP secondaries came out of that world. That's how that whole phenomenon started, that you had these zombie funds in the 2000 ten-ish era, where it was clear that there was no way for the GP to earn a carry, but There needed to be some kind…”