Small- and mid-sized endowments and foundations are increasingly using GP-led secondaries to build private markets exposure, viewing it as an attractive way to deploy capital quickly and at a discount. Leaders at major outsourced chief investment officer platforms note that institutions lacking internal staff or expertise to manage complex private markets portfolios are turning to outsourced investment offices to identify and execute these opportunities. This trend reflects a growing reliance on specialized intermediaries to access private markets efficiently.

The strategy allows smaller LPs to gain diversified private equity, venture capital, and credit exposure without building in-house capabilities. As private markets evolve, GP-led secondaries are becoming a preferred tool for agile capital deployment among resource-constrained institutional investors.