Private equity firm Advent International is considering a secondaries strategy, two sources familiar with the discussions tell Axios Pro.
Why it matters: Private equity firms are buying slices of each other's best companies as exits have become harder to find.
The firm would join Warburg Pincus, New Mountain Capital, and Blackstone in pursuing the strategy.
The big picture: Global secondary market volume reached $103 billion in the first half of 2025, an increase of 51%, according to research from Jefferies.
