ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "Inside secondaries' expansion into private wealth"
Episode Synopsis
This episode is sponsored by Lexington Partners, Proskauer and StepStone Group
The secondaries market is benefitting from private markets' push into the private wealth space, with managers either launching secondaries-focused vehicles or secondaries making up a meaningful component of many evergreen funds.
Evergreen funds raised $16 billion in the first half of 2025 alone, 60 percent of which is dedicated to secondaries capital, according to estimates from Campbell Lutyens included in its H1 Secondary Market Overview Report.
In this episode, editor Madeleine Farman is joined by Lexington Partners' Taylor Robinson and StepStone Group's Brian Borton, both of whose organisations run evergreen vehicles deploying into the secondaries market. Proskauer’s head of its registered fund group John Mahon also joins the conversation.
In the wide-ranging conversation, Mahon, Borton and Robinson discuss appropriate ways to structure these vehicles, where to invest evergreen capital, regulatory updates, the long-term trajectory for these vehicles, and how they may impact the secondaries market.
The secondaries market is benefitting from private markets' push into the private wealth space, with managers either launching secondaries-focused vehicles or secondaries making up a meaningful component of many evergreen funds.
Evergreen funds raised $16 billion in the first half of 2025 alone, 60 percent of which is dedicated to secondaries capital, according to estimates from Campbell Lutyens included in its H1 Secondary Market Overview Report.
In this episode, editor Madeleine Farman is joined by Lexington Partners' Taylor Robinson and StepStone Group's Brian Borton, both of whose organisations run evergreen vehicles deploying into the secondaries market. Proskauer’s head of its registered fund group John Mahon also joins the conversation.
In the wide-ranging conversation, Mahon, Borton and Robinson discuss appropriate ways to structure these vehicles, where to invest evergreen capital, regulatory updates, the long-term trajectory for these vehicles, and how they may impact the secondaries market.
More episodes of the podcast Secondaries Investor’s Second Thoughts
The new era of GP-led secondaries
01/12/2025
The opportunity surrounding uncertainty
16/06/2025
In God we trust