CalPERS is taking a close look at Apollo Global after news surfaced of co-founder Leon Black's relationship with Jeffrey Epstein.

Worldwide private equity secondary market transaction volume rose 32% in the first six months of 2019 to an estimated $55.4 billion.

A prolonged government shutdown could stall or even kill private equity deals and public market exits.

Alternative investment limited partnership interest transactions on the secondary market increased 31.8% to $54.6 billion in 2018.

The U.S. government shutdown is causing private equity deals to take longer to close and creating uncertainty.

Asset owners are tapping the alternative investment secondary markets to sell pre-recession funds.

New Enterprise Associates has sold $1.3 billion of interests in portfolio companies to a new fund managed by a firm led by two former NEA execs.

Transaction value of private equity LP interests sold on secondary markets increased 7% for the first half of 2018.

Making Fannie Mae and Freddie Mac private entities would affect institutions' real estate portfolios, but how much is an open question.

Restructuring private equity funds that are close to, or have reached, the end of their fund lives is a growing business for firms that invest on the secondary market — a business that could double by the end of this year, industry insiders say.

High bid prices for buyout fund limited partnership interests on the secondary market were 102.31% of net asset value at the end of the second quarter, up from 101.19% in the first quarter and 100.48% in the second quarter of 2015, secondary market brokerage firm NYPPEX estimates.

Prices for alternative investment fund limited partnership interests are expected to drop in the second half of this year — with secondary median bids declining about 3.5% to an average of 80.18% of net asset value — driven down by fewer exits and less distribution of capital back to investors, secondary market brokerage firm NYPPEX predicts.

Private equity funds that are at the end of their lifecycles pushed worldwide sales of private equity limited partnership interests up 2.5% to $18.7 billion in the first half of this year, said a soon-to-be-released analysis by NYPPEX, a private equity secondary market brokerage firm.

Total sales of limited partnership interests on the private equity secondary markets are expected to grow 34% to $32.8 billion this year, while secondary direct investments — investments in companies — are expected to grow 54% to $19.2 billion, said preliminary estimates by NYPPEX, a global securities firm specializing in the private equity secondary market.

A huge number of exits, and the record amount of dry powder secondary investors hold, are driving up private equity secondary market prices, raising concerns about what the future holds.

Money managers are expanding their private equity secondary market investments to include infrastructure, real estate, energy and timber, ahead of what they expect to be a growing investment opportunity.

The Volcker rule, finalized in December by five federal agencies, including the Securities and Exchange Commission, will have a major positive impact on the transaction volume of private equity and hedge fund limited partnership interests on the secondary market this year.