DiscoverSecondary Snapshot2024 Secondary Market Boom and What to Expect for 2025 and Beyond with PJT Partner Adrian Millan
2024 Secondary Market Boom and What to Expect for 2025 and Beyond with PJT Partner Adrian Millan

2024 Secondary Market Boom and What to Expect for 2025 and Beyond with PJT Partner Adrian Millan

Update: 2025-02-27
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Adrian Millan, Partner at PJT, walks through the record volume year of 2024 and his outlook for 2025. He discusses recent transactions, LPs fueling selling volume, and how LPs are growing more comfortable with GP-led transactions. Adrian also touches on the increasing influence of 40-act funds and offers career advice for students and early professionals breaking into the secondary market.

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2024 Secondary Market Boom and What to Expect for 2025 and Beyond with PJT Partner Adrian Millan

2024 Secondary Market Boom and What to Expect for 2025 and Beyond with PJT Partner Adrian Millan

Kline Hill