Keynote Interview: Mid-Market Secondaries Thrive Despite Volatility

In the June 2025 issue of Buyouts, Northleaf's Matthew Sparks, Managing Director, Private Equity, shares his insights on the current market environment and discusses why mid-market secondaries are well-positioned to deliver value in periods of market dislocation. 

“Market volatility will likely limit exit activity and continue to impact distributions from private equity funds. Investors are experiencing this in their portfolios and are looking to the secondaries market as a tool for providing liquidity. We expect the market will see strong volume through 2025 with compelling opportunities for secondary managers.”