Thursday, April 23, 2026
Search

Private Markets & Liquidity

1 article

Private Equity Secondaries Trade at 30-60% Discounts as Exit Market Stalls

Private Equity Secondaries Trade at 30-60% Discounts as Exit Market Stalls

Limited partners selling venture fund stakes face 30-60% discounts in secondary markets as exit timelines stretch beyond two decades. SpaceX, founded in 2002, won't reach IPO until 2026 at earliest—illustrating how companies staying private indefinitely breaks the traditional 3-year fundraising cycle. Credit solutions like Turbine's LP-backed lending emerge to bridge the liquidity gap without forced sales.

ViaNews Editorial Team (Markets)