The market for secondhand stakes has boomed as sponsors and investors hunt for liquidity on the supply side, while the demand-side is rising too amid a wave of new entrants looking to deploy capital.

The past 12 months has seen a flurry of high-profile changes across the asset management sector, with some of the UK’s largest fund groups announcing new leaders in 2024.

Nordic Capital wrapped up its second mid-market fund over the Christmas break, just four months after launching it into the ...