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Secondary Market comps

Benchmark anonymized LP stake and strip pricing as a % of last reported NAV before you run a formal process or committee dry run.

Filters

Slice illustrative LP secondary prints by strategy, geography, and fund vintage. Use it to sanity-check where the market has been trading before you run a formal process.

Observations
28
Median (% NAV)
97.4%
IQR band (% NAV)
93.4 – 100.8%
StrategyVintageRegionPrint (% NAV)SizeQuarterSleeve
Buyout2018NA97.2%$4–12MQ4 '25North America diversified
Buyout2016NA101.4%$8–22MQ4 '25Industrials tilt
Growth2019NA93.8%$2–6MQ3 '25Software & services
Venture2020NA88.5%$1–4MQ3 '25Cross-stage venture
Buyout2017EU99.1%€6–15MQ3 '25Western Europe
Infra2019NA102.6%$10–28MQ2 '25Core / core-plus
Growth2021NA91.2%$3–9MQ2 '25Consumer & healthcare
Buyout2015NA103.8%$12–35MQ2 '25Large-cap buyout
Credit2018NA98.9%$5–14MQ1 '25Direct lending sleeve
Venture2019EU86.7%€2–7MQ1 '25Early / growth
Buyout2020APAC95.4%$6–18MQ1 '25Asia-Pacific regional
Secondaries2017NA100.2%$15–40MQ4 '24Fund-of-funds strip
Growth2018NA94.5%$4–11MQ4 '24B2B SaaS
Buyout2019NA96.1%$7–20MQ4 '24Healthcare services
Infra2016EU101.9%€9–24MQ3 '24Renewables-heavy
Venture2021NA84.2%$1–3MQ3 '24Late-stage marks
Buyout2014NA104.5%$20–55MQ3 '24Mega-cap legacy
Growth2020APAC92.9%$5–12MQ2 '24Regional growth
Credit2019EU97.6%€4–10MQ2 '24CLO / private credit
Buyout2018NA98.3%$5–16MQ2 '24Middle market
Secondaries2018NA99.4%$9–25MQ1 '24Single-asset continuation
Buyout2017NA100.8%$11–30MQ1 '24Consumer retail
Venture2018NA89.1%$2–5MQ1 '24Enterprise software
Growth2019EU93.4%€3–8MQ4 '23Fintech & payments
Infra2017NA103.1%$14–32MQ4 '23Midstream / utilities
Buyout2020NA95.7%$4–13MQ4 '23Technology services
Credit2020NA96.8%$3–9MQ3 '23Asset-based
Buyout2016EU102.2%€7–19MQ3 '23Business services

Composite only: anonymized, rounded marks for education and internal framing. Not a quote, fairness opinion, or solicitation. Live comps depend on your specific LP position, transfer restrictions, and NAV reconstruction, so talk to a banker for a bespoke strip.

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The information on this website is for general informational purposes only and does not constitute investment, legal, tax, or other professional advice, an offer to sell or a solicitation of an offer to buy any security, or a recommendation regarding any transaction. Any services described are intended solely for institutional and accredited investors. Interests in private funds and secondary transactions involve substantial risk, illiquidity, and potential loss of capital. Past performance is not indicative of future results. Any timelines, figures, or outcomes referenced are illustrative and bespoke to each engagement; no specific result is guaranteed. For disclosures or further information, please contact us directly.