The document provides an analysis of secondary market pricing for private equity fund interests, highlighting stable pricing trends driven by rational participants. It includes a table showing secondary market volume and pricing from 2005 to 2017, indicating a bubble phase in 2005-2007, a crisis phase in 2008-2010, and a normalized phase from 2011 onwards.
documents/vol00010-efta01354872-pdf.pdf
{"title":"Secondary Market Pricing Analysis","key_people":["Gerald Ford"],"document_type":"tabular","key_organizations":["Glendower Capital","Greenhill","Cogent Partners","Dow Jones Private Equity Analyst"],"reference_numbers":["DB-SDNY-0039470","SDNY_GM_00185654","EFTA01354872"]}