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PE secondaries turn private equity into a more accessible investment

Goola Warden
Goola Warden • 6 min read
PE secondaries turn private equity into a more accessible investment
Private equity secondaries make PE more accessible through smaller size, liquidity and shorter maturity
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In a fireside chat in March during UBS Alt+Shift Alternatives conference, Sijin Choi, Team Lead Multi-Managers Private Equity APAC, Executive Director, UBS Asset Management explained how investors can access primary private equity investments through secondaries, the advantage of secondaries for investors, and where the next opportunity is for him.

Private equity secondaries are secondary funds that purchase existing interests or assets from primary private equity fund investors. At UBS, private equity secondaries can be at significantly lower price points, such as U$50,000, than private equity.

Private equity is viewed as a high return investment, relying on very patient capital. Often, managers in private equity can invest in a portfolio of companies and take an active role to help manage this portfolio. Sometimes, private equity managers help to actively manage individual companies in their portfolios.

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