Goldman Sachs Asset Management claimed the Secondaries Buyer of the Year title in the Americas after raising nearly $8 billion for its Vintage Fund X, launched in April 2025. The firm led high-profile GP-led transactions, including a €500 million investment in PAI Partners' CV-on-CV deal for ice cream maker Froneri and a $1.9 billion transaction for isolved.

Kirkland & Ellis dominated as Secondaries Law Firm of the Year, advising on over $80 billion in transactions, with 77 GP-led deals totaling nearly $75 billion. The firm worked on landmark deals including Vista Equity Partners' Cloud Software Group transaction and Silver Lake's take-private of Endeavor Group. Evercore secured Adviser of the Year honors after leading $103 billion in advisory volume.

Silver Lake's $13 billion take-private of Endeavor Group won GP-Led Deal of the Year, featuring a continuation fund backed by Goldman Sachs Asset Management, Lexington Partners, and Mubadala. The New York City Retirement Systems' $5 billion-plus portfolio sale to Blackstone Strategic Partners earned LP-Led Deal of the Year, marking one of the largest LP sales ever completed with a single buyer.