There’s a corner of the #privatemarkets that has grown 10-fold since 2009—and chances are, you haven’t even heard of it. Verdun Perry, Global Head of Blackstone’s #secondaries business, unpacks how this market works, the factors powering its remarkable growth and why #Blackstone’s scale helps capture opportunities. 👀👇
Once those securities tokenize on blockchains, smart investors can buy those at 40-60 cents on the dollar instead of 80, so that needs to happen.
If interest rates go up the bank will have challenge to resolve
Great summary of PE secondaries and wonderful analogy to residential real estate (think "fixer-upper" or having the resources to buy in a down market). Blackstone is creating exciting unique opportunities for our clients! 👏 👍
e.g: S.M. = £150,000 (average initial price) 0.80 = £120,000 gains. plz, correct me if I get it wrong.
I remember you at that point in 2009 sitting on a PE panel together. Nice explanation in layman’s terms. Congrats!
Well said! Relationships and scale create the best position for growth.
speak loudly we cant hear you
Verdun Perry great explaination.
Great insights from Verdun Perry on how the secondaries market works plus how he has led the growth in the market to be an attractive, strong asset class for investors
CEO | CIO
2moOne of the GOAT 🐐