How secondaries are reshaping fund operations
Nicholas Neveling speaks with Patrick Krajci, Head of Private Equity for North America at Alter Domus, regarding the rapid operational evolution of the private capital secondaries market. They explore how continuation vehicles and LP-led secondary strategies require sophisticated data infrastructure, proactive investor election management, and rigorous cash forecasting. The discussion highlights the transition toward automated fund administration and multi-asset global operating models to handle increasing industry complexity.
- Patrick Krajci at Alter Domus warns that finance teams consistently underestimate the preparation required before investor election notices go live, especially across multi-vintage portfolios. Read →
- Alter Domus executive Patrick Krajci warns that private credit secondaries cannot run on private equity fund administration infrastructure. Read →
- Patrick Krajci, Head of Private Equity for North America at Alter Domus, notes that scaling a secondaries strategy to a $1 billion fund pushes underlying manager counts from 50 to 500. Read →