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Lack of M&A and IPOs drives global secondary market to new record
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Lack of M&A and IPOs drives global secondary market to new record
Amid a lack of distributions from initial public offerings (IPOs) and mergers and acquisitions (M&A), secondaries have become an increasingly popular means of generating liquidity—and these days, the market is booming. Global secondary volume hit a new high of $103 billion USD during the first half of 2025, according to the latest semi-annual review of the secondary market released by the global investment bank Jefferies. This is an “unprecedent…
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