Tariffs

Tariffs and 'higher for longer' interest rates were just some of the factors attributed to the market's ambiguous condition.

Expert comment: The secondaries market is shrouded in uncertainty after tariff-related volatility. There are, however, reasons to remain upbeat over the longer term.

Investors believe uncertainty caused by US President Donald Trump's tariff policies could postpone a thaw in exit markets, compounding existing fundraising challenges.

Some LPs say they haven't made the move yet, but a large fundraise implies many already have.

Monroe’s Koenig worries over possibility we’re seeing 'a seminal moment'.

Companies with direct tariff exposure – those that must buy from global sources hit by tariffs – are the obvious candidates for debt default.

The tariffs turmoil is exacerbating the trends and challenges facing private markets, creating a 'fantastic time for secondaries', says XIG global head Michael Brandmeyer.

A new trade tariff regime in the US is likely to create more opportunities for credit managers to offer reliable capital to sponsors.