Why are investors turning to secondary markets?

With private companies staying private for longer than ever before, the traditional routes to liquidity are no longer keeping pace with portfolio realities. Investors and fund managers can find themselves holding significant paper value for a decade or more, constrained by fund lifecycles and limited exit options. Secondary markets have emerged to fill that gap, and they're growing fast. Vestd's latest blog explores the key forces driving this shift, and what it means for those navigating the evolving private markets landscape. It covers: • Why longer private company timelines are creating...