# Private Equity Secondary Markets | EP.18 Page: https://stenobird.com/podcast/alternative-allocations-with-tony-davidow-6553863/private-equity-secondary-markets-ep-18 Text version: https://stenobird.com/podcast/alternative-allocations-with-tony-davidow-6553863/private-equity-secondary-markets-ep-18.md Podcast: [Alternative Allocations with Tony Davidow](https://stenobird.com/podcast/alternative-allocations-with-tony-davidow-6553863) Published: 2025-01-07T05:05:00+00:00 Episode link: https://907abc9d-4c7b-47a1-8cfc-11723daea7de.libsyn.com/episode-18-the-rise-of-secondary-markets-in-private-equitywith-guest-taylor-robinson-lexington-partners Audio file: https://traffic.libsyn.com/secure/907abc9d-4c7b-47a1-8cfc-11723daea7de/AA_-_EP.18_FINAL_V3.mp3?dest-id=4090161 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/alternative-allocations-with-tony-davidow-6553863/episodes/private-equity-secondary-markets-ep-18 Duration seconds: 1632 ## Resource In Episode 18 of the Alternative Allocations Podcast, Taylor and Tony discuss the importance and growth of the secondary market in private equity. They talk about slowing exits (M&A and IPO's) and the role of secondaries in providing liquidity to institutions. Taylor highlights the potential benefits of secondary investments, such as diversification and predictable returns, and talks about the evolving market dynamics, including GP-led deals. He also stresses the significance of size and scale in executing transactions and the strategy of acquiring quality assets at reasonable prices to help achieve desired returns. Taylor Robinson is a Partner of Lexington Partners, primarily focused on sourcing, negotiating, and executing secondary transactions. Taylor joined Lexington Partners in 2008 from JPMorgan, where he was in investment banking and leveraged finance. Aside from his investment focus and other Firm responsibilities, he is a member of Lexington's ESG steering committee and Franklin Templeton's global Stewardship & Sustainability Council. Enjoying Alternative Allocations ? Please take a moment to rate and review us. Your feedback helps us deliver more insightful episodes on alternative investments! Resources: About Lexington Partners | Alternatives by FT Why private equity | Alternatives by FT Taylor Robinson | LinkedIn Alternatives by Franklin Templeton Tony Davidow, CIMA® | LinkedIn ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/alternative-allocations-with-tony-davidow-6553863/episodes/private-equity-secondary-markets-ep-18/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/alternative-allocations-with-tony-davidow-6553863/private-equity-secondary-markets-ep-18.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.