Investors who wish to actively manage their private markets portfolios often seek early liquidity from these investments, which are traditionally structured with long life spans. Whether to rebalance a mix of investments, improve diversification, exit a particular manager, or adjust exposure to certain sectors, industries or geographies, institutional investors exploring options to sell their private fund interests can benefit from our dedicated secondaries business. Portfolio Advisors has purchased more than $5 billion in secondaries since 2002, and can provide an attractive liquidity solution to sellers across the private equity, private credit and private real estate asset classes.