Skip to main content
utility-drawer__close
0
Welcome to Nuveen
Select your preferred site so we can tailor your experience.
Select Region...
  • Americas
  • Asia Pacific
  • Europe, Middle East, Africa
location select
Select Location...
  • Canada
  • Latin America
  • United States
  • Australia
  • Hong Kong
  • Japan
  • Mainland China
  • Malaysia
  • New Zealand
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Other
  • Abu Dhabi Global Market (ADGM)
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Germany
  • Ireland
  • Italy
  • Luxembourg
  • Netherlands
  • Norway
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
  • Other
location select
Select Site...
  • Institutional Investor
  • Individual Investor
  • Financial Professional
  • Global Cities REIT (GCREIT)
  • Green Capital
  • Private Capital Income Fund (PCAP)
location select
Alternatives

Beyond the basics: How secondaries can enhance your investment

Nicholas Lawler
Managing Director, Head of Secondaries
Candlestick chart with red and yellow bars

The private equity secondaries market has evolved over the past two decades from a niche solution into a bona fide asset class. What was once largely reserved for distressed sellers is now a sophisticated, and in our view, essential component of portfolio management for investors and private equity (PE) sponsors alike.

So, what is behind the current explosion of secondaries activity? In this paper, Nick Lawler examines secondaries’ performance over multiple market cycles, their persistent structural advantages, three common misconceptions, and why current market conditions present a particularly compelling entry point.

Read the full article

Related articles

The Lead How private equity ownership evolves over time
Explore Nuveen expert perspectives on how private equity ownership is evolving in its structures and strategies for asset investment.
The Lead Podcast: Behind the headlines: Private credit defaults, recoveries and AI risk
Explore our latest Private Capital Call episode featuring KBRA's Chief Rating Officer Bill Cox and Head of Default Research Eric Rosenthal unpacking 2026 private credit default forecasts, why recovery rates are declining and what investors should know about separating market noise from data-driven analysis.
The Lead Why private credit helps calm the credit cycle
Explore our next installment of the private credit series where private credit functions as a stabilizing force in capital markets, with a direct lending model that mitigates cyclical risk through long-term funding.

You are on the site for: Financial Professionals and Individual Investors. You can switch to the site for: Institutional Investors or Global Investors

You are about to access our website for visitors outside of the United States.

You are about to access our website for Nuveen Global Cities REIT

You are leaving the Nuveen website.

You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC.

The Nuveen website for institutional investors is available for you.

You are about to access our website for visitors outside of the United States.

You are about to access our website for Nuveen DMAT Cart

You are about to access our website for Nuveen Churchill Private Capital Income Fund (“NC - PCAP”)

Back to Top

You are leaving the Nuveen website.

You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC.

Looking to Access SMAs?

This portal is exclusively for Separately Managed Account (SMA) access and resources. Not what you need? If you're looking for 529 plan account access, please stay on this page and use the link provided below the advisor portal section.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com

By clicking on the continue button below, you will be taken to the Funds’ transfer agent and shareholder services website, provided by a third party. This third party is responsible for bookkeeping, data processing and administrative services for the maintenance of the Funds’ shareholder accounts.

You are leaving Nuveen.com

By clicking on the continue button below, you will be taken to the Funds’ transfer agent and shareholder services website, provided by a third party. This third party is responsible for bookkeeping, data processing and administrative services for the maintenance of the Funds’ shareholder accounts.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are about to access our website for Nuveen Global Cities REIT

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

The Nuveen website for institutional investors is <i>available for you</i>

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

You are about to leave Nuveen's website and access a website that is unaffiliated with Nuveen. Nuveen does not assume responsibility or liability for the content or privacy policies of external sites.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com

By clicking on the continue button below, you will be taken to the Funds’ transfer agent and shareholder services website, provided by a third party. This third party is responsible for bookkeeping, data processing and administrative services for the maintenance of the Funds’ shareholder accounts.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are about to access our website for visitors outside of the United States.

You are about to access our website for visitors outside of the United States.

You are leaving Nuveen.com.

You are about to leave Nuveen's website and access a website that is unaffiliated with Nuveen. Nuveen does not assume responsibility or liability for the content or privacy policies of external sites.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are leaving Nuveen.com.

The information and services provided on this independent site are not reviewed, guaranteed, or endorsed by Nuveen or its affiliates.

You are about to access our website for Nuveen DMAT Cart

You are about to access our website for visitors outside of the United States.

The Nuveen website for institutional investors is available for you.

You are leaving the Nuveen website.

You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC.

You are about to access our website for Nuveen Churchill Private Capital Income Fund (“NC - PCAP”)