PE Secondaries and FreeRun Approach to CVC direct secondarie
PE Secondaries
Out of 159,000 companies worldwide generating over $100 million in revenue, 90% are privately held*.
These companies are staying private longer, often 15 years or more, creating a growing need for investor liquidity beyond traditional IPOs or M&A exits. In response, the private secondary market has expanded to $150 billion, encompassing a wide range of asset classes including Private Equity, Private Credit, Infrastructure, and Real Estate.
This demand for liquidity, driven by both GPs and LPs, presents a compelling opportunity for investors to realize gains, manage risk, and diversify across geographies, industries, and fund vintages.
FreeRun, drawing on decades of experience in Corporate Venture Capital, focuses on a distinct segment of the private equity secondary market: strategic Corporate VC secondaries. Corporate investors, with unique strategic objectives, bring differentiated value to startups and syndicates but need to actively manage their portfolios and explore alternative liquidity options increasingly more accepted in other private secondary markets.
With our CVC background as corporate investors, innovation leaders and operators, we developed an CVC dedicated secondary investment platform supported by AI-driven analytics, flexible structure options and the market strategy specifically designed to help Corporate VCs exit their no-longer-strategic investments, recycle capital and rebalance their portfolios to maintain alignment with their parent companies’ strategic goals.
*McKinsey 2024 Private Market Report
