Secondary funds have seen a banner year, raising over US $100 billion in 2024 through early December—a record-breaking 9.5% of all private market fundraising. With high interest rates and constrained M&A activity, limited partners (LPs) have increasingly sought liquidity, creating opportunities for secondary vehicles to step in.
Despite discounts averaging 15% below net asset value, VCs are focused on long-term appreciation rather than immediate bargains. Most of VCs remain cautiously optimistic about IPO activity recovering in 2025. This year’s 9.5% share of private market fundraising marks a substantial rise from 5.8% in 2023, and only the second time secondaries have exceeded 6% since the Fed’s COVID-19-driven rate cuts in 2020. These dynamics signal a healthier balance between supply and demand for liquidity in private markets.
Did you check these out?
Related Contents
Infobytes
Crypto Fundraising Deal Value and Count (Q4 2024 vs Q4 2023)
By Staff Writer • January 22, 2025News
Further Ventures Leads $16M Series A Funding Round for Crypto Wallet Leader "Dfns"
By Staff Writer • January 19, 2025Infobytes
Global Crypto Fundraising Surges to $2.71 Billion in Q3 2024 vs Q3 2023
By Lucidity Insights Research Team • November 12, 2024Infobytes
MEA Proptech Market Size in 2022 - 2030 ($ Mil)
By Lucidity Insights Research Team • October 29, 2024Infobytes
MENA Digital Advertising Market in 2023-2032
By Lucidity Insights Research Team • August 06, 2024Articles
The Top 10 Most Funded Startups in the KSA in 2023
By Nazmia Nassereddine • August 06, 2024Infobytes
10 Most Funded MENA Startups (2023)
By Staff Writer • June 25, 2024Articles
The Top 10 Most Funded Startups in MENA in 2023
By Nazmia Nassereddine • June 19, 2024Infobytes
Total Fundraising Raised by Funding Stage (USD Million)
By Lucidity Insights Research Team • June 16, 2024Infobytes
MENA Solar Energy Market 2022-2032
By Lucidity Insights Research Team • April 29, 2024