Europe’s natural mid- and lower-mid-market is a good fit for the secondaries specialist, founder Michael Bego tells PE Hub.

Ask any investment professional what the market demands, and the answer is almost always the same: certainty. That’s exactly what Wall Street thought it was getting when Trump was reelected for a second term.

Continuation funds aren’t the only strategy firms are using to generate liquidity for LPs. Others include strip sales, preferred equity deals and tender offers.

With around 29,000 companies held in private equity portfolios, experts say there aren’t enough potential buyers out there to acquire them all. Thus, providing liquidity to LPs in spite of the excess is a systemic challenge. How will it wind up? Dealmakers weigh in.

Kline Hill, a secondaries investor based in Greenwich, Connecticut, has been entertaining inbound acquisition interest for most of its decade-long existence.

After hearing pitches from more than 50 suitors over the years, Kline Hill found a match in TA, managing partner Mike Bego told Secondaries Investor.

A word from Dentons Global Venture Technology Group: The rise of the secondary market.

The deal marks the first continuation vehicle for Guardian Capital Partners.

A growing set of now 28,000-plus buyout companies with diminished IPO and M&A exit avenues lies in wait, ‘says Kline Hill Partners’ Mike Bego.

In an interview with SecondaryLink, Bego discusses key trends driving the secondary market, highlighting the rapid growth of the small deals segment, and Kline Hill’s plan to expand both its team and geographic presence.