Brian Davis, NYC office managing partner, and
Dimitri Mastrocola, partner, welcomed special guests from Davis Polk, 17Capital and Sixpoint Partners to discuss restarting the secondary markets. The panel featured Leor Landa, partner of Investment Management and Private Funds at Davis Polk & Wardwell; Richard Golaszewski, director at 17Capital, a pioneer in preferred equity and NAV lending solutions; and Andrew Gulotta, managing director at Sixpoint Partners.
Topics discussed included:
- History and overview of secondary market
- Global secondary transaction volume
- Secondaries assets under management
- Transactions go on pause while dry powder accumulates
- Liquidity solutions for private funds in the secondary market during market dislocation
- What to expect as markets restart