Our market-leading global secondaries team provides in-depth advice on all aspects of the secondaries market. We have counseled a large segment of the secondary market since the dawn of the secondaries industry. Our expertise covers all types of secondary transactions, including GP-led liquidity solutions (including single and multi-asset continuation funds, strip sales and spin outs), tender offers, secondary direct transactions, preferred equity deals, and some of the largest bulk purchases and sales of interests in the history of the secondary market.
In 2022, our secondaries team advised on more than 510 secondary transactions for more than 80 different clients, with total deal value exceeding $72 billion. Given our vast market knowledge and experience representing GPs, buyers and sellers across all sectors and geographies, we are uniquely positioned to provide our clients with practical commercial solutions to ensure even the most complex transactions are completed in a timely and efficient manner.
In addition to our secondary transaction capabilities, we have acted as fund counsel on some of the largest secondary fund formations of the past decade. Last year, our global secondaries team formed over 20 secondary funds focusing on a wide range of industry sectors and geographies.