The Secondaries Investor conducted its inaugural global survey, polling buyers, LPs, GPs, and advisory community members on sentiment shaping the secondaries market. Respondents shared views on regulatory scrutiny, AI usage, and alignment in continuation funds. The findings offer a snapshot of buyer deployment plans, obstacles hindering deal closures, process pain points, and the future outlook for both GP-led and LP-led secondaries transactions.

Key themes emerged regarding regulatory pressures and technological integration. Participants highlighted alignment challenges within continuation funds as a critical focus area. The survey also mapped buyer intentions, revealing where capital is directed and what barriers slow transaction velocity. Process inefficiencies were noted across the board, suggesting room for operational improvement.

Looking ahead, the data paints a picture of a market adapting to new realities. While regulatory headwinds persist, interest in AI-driven solutions and structured continuation fund strategies appears to be growing. The survey serves as a benchmark for industry participants navigating the evolving secondary investment landscape.