Annual transaction volume for the strategy nearly doubled in 2025, reaching $20 billion in activity as private credit AUM grows and portfolios mature.
SecondaryLink reviews the continuation fund activity of Q2 2026, covering asset composition, deal sizes, and the most active lead investors, advisors, and legal counsel.
The secondary market's H1 growth was driven by greater acceptance from large-cap sponsors, conviction in high-quality CV deals, and the rise in evergreen capital.
Setter Capital's latest survey highlights key trends in pricing, transaction volume, and investor demand across the global secondary market.
The growing adoption of continuation funds drove secondary market momentum in H1 2026 despite an uncertain global environment.
The secondary market is projected to hit $250 billion in 2026 amid sustained demand for alternative liquidity solutions, according to the secondaries advisory specialist.
The new offering gives GPs a structured way to create investor liquidity with greater transparency on buyer selection, pricing, and timing, according to the private credit-focused firm.
The credit secondary market more than doubled in volume YoY in H1, already surpassing the record deal flow for all of 2025.
Configure Partners examines how private credit CVs are evolving as tools for liquidity, duration management, and portfolio retention.
GP-leds grew by 275% YoY to $15 billion, accounting for 75% of total transactions.
