In private equity, fund timelines have traditionally shaped when investors exit an investment. Today, the secondaries market is creating new ways to provide liquidity while allowing strong assets to be held for longer.

In this episode of The Wealth Exchange, Rob Olsen speaks with Sunny Lee about the evolution of private equity secondaries, with a focus on General Partner-led transactions. They discuss what is driving growth in the market, how continuation vehicles work, and how Nicola Wealth evaluates secondaries opportunities across managers, sectors, and vintages.