Are Secondary Funds’ Returns ‘Artificially Inflated’?

The Essential

Investor Advocates Ask FASB to Reconsider Guidance on Secondaries

Secondary funds’ returns are “artificially inflated” by the practice, say critics.

12th Annual Redefining Fixed Income & Credit Forum 2026

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Inside Glenview’s Midmonth Reversal

Larry Robbins erased a large first-quarter loss in just two weeks, according to early data. 

Survey: Most Allocators Don’t Understand the Risks in Their Own Portfolios

“The underlying alternatives have gotten so complicated they can’t keep up,” says Clade’s Jonathan Lipton. “AI is the big solution.”

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