Where investors are finding liquidity in Nigeria as private equity exits slow

Private equity investors across emerging markets are increasingly turning to secondary transactions as delayed exits, higher interest rates and currency volatility force portfolio rebalancing. Global deal data show that sales of existing private equity stakes now account for a growing share of capital movement, as institutional investors seek liquidity without waiting for traditional exits.

According to Bain & Company, annual global private equity secondary transaction volumes have expanded into a market exceeding $150bn, driven largely

Private equity investors across emerging markets are increasingly turning to secondary transactions as delayed exits, higher interest rates and currency volatility force portfolio rebalancing. Global deal data show that sales of existing private equity stakes now account for a growing share of capital movement, as institutional investors seek liquidity without waiting for traditional exits.

According to Bain & Company, annual global private equity secondary transaction volumes have expanded into a market exceeding $150bn, driven largely