{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Lexington Partners' Taylor Robinson - secondaries in the spotlight","html":"","width":"100%","height":180,"duration":3390,"description":"Welcome back to the Alt Goes Mainstream podcast.\nToday’s episode dives into the rapidly expanding world of secondaries with a senior leader at one of the pioneering firms in the secondaries space.\nWe sat down at Franklin Templeton’s New York office with Taylor Robinson, a Partner on the Secondary team at Lexington Partners, which has over $77B in total capitalization and is part of Franklin Templeton’s family of private markets funds and strategies.\nTaylor, who joined the firm in 2008, is primarily focused on the origination, evaluation, and execution of secondary opportunities, including partnership and GP-led transactions. He’s also a member of Lexington’s ESG Steering Committee.\nTaylor and I had a fascinating conversation about the current state of the secondaries market. We covered many of the hot button topics and trends that are shaping the secondaries market, including:\nWhy secondaries have become an integral part of many LPs portfolios.\nHow secondaries have become a portfolio management tool for LPs.\nThe rise of GP-led secondaries.\nWhy not all CVs are created equal.\nWhy secondaries can be a good on-ramp to private markets for wealth channel investors.\nWhat the future holds for secondaries.\nThanks Taylor for coming on the show to share your expertise and wisdom about private markets and secondaries.\nShow Notes\n00:00 A Different Way of Thinking About Private Equity\n00:43 Welcome to the Alt Goes Mainstream Podcast\n01:20 Introduction to Taylor Robinson\n02:35 Taylor Robinson's Background and Career\n04:25 The Evolution of the Secondaries Market\n05:20 Impact of the Financial Crisis on Secondaries\n06:34 Growth and Liquidity in Private Markets\n07:13 Current State of the Secondaries Market\n07:29 Traditional vs. GP-Led Secondary Deals\n09:18 Challenges and Opportunities for Institutional LPs\n11:22 Active Portfolio Management Strategies\n13:06 Driving Returns and Gaining Edge\n14:46 Evaluating and Partnering with GPs\n16:30 Nuances of the Secondary Market\n17:22 Market...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}