A secondary ascent
Evidence of herd behaviour in the secondary market is rife. Pricing is through the roof and in the case of buyout funds, stakes are selling for as much as 100 per cent of net asset value on average.
Evidence of herd behaviour in the secondary market is rife. Pricing is through the roof and in the case of buyout funds, stakes are selling for as much as 100 per cent of net asset value on average.