Advisor, Buyer & Lawyer Perspectives: The rising influence of ‘40 Act funds

The secondary market continues to evolve, and one of the most significant factors driving its transformation is the role of registered ‘40 Act funds. SecondaryLink spoke to industry experts from Lazard, Ares and Proskauer to get their insights on the implications of these investment vehicles, which cater to the private wealth channel, are expanding capital availability, influencing prices, and reshaping how traditional secondary buyers operate.