Single-family office Green Bear Group is actively reducing its private equity holdings through the secondaries market. Chief Investment Officer Vishnu Amble stated the firm aims to optimize its portfolio and improve cost efficiency by decreasing exposure to illiquid assets.

Green Bear is reportedly utilizing bilateral sales for private equity fund stakes. The firm, which manages at least $1 billion, sees the secondaries market as a key tool for this strategic portfolio revamp.

This move signifies a broader trend of investors seeking liquidity and greater control over their asset allocation. By offloading certain fund stakes, Green Bear can rebalance its investments and potentially pursue more liquid opportunities.