![Marathon mid race](/global/en/assetmanagement/insights/asset-class-perspectives/real-estate/articles/getting-ahead/_jcr_content/mainpar/toplevelgrid_616760919/col1/textimage/image.580.png/1670416501874.png)
Private equity secondaries has evolved from a relatively small, somewhat obscure niche into an integrated part of the overall private equity ecosystem. Secondary strategies can offer significant diversification across managers, industries, geographies, strategies, and vintage years.
But what exactly are secondaries? How does this sub-asset class consistently outperform the public markets and offer low volatility? And how can its allocation enhance a portfolio?
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