In the ninth edition of Secondaries Investor’s annual Law Firm Survey, Davis Polk was recognized once again as one of the top law firms for secondaries by deal volume. In 2024, the Davis Polk team advised on 157 deals with a total value of $82 billion.

In the publication, Leor Landa, head of Davis Polk’s Investment Management practice, noted, “The market has been active across transaction types and asset classes, with broad market acceptance of secondaries as an attractive liquidity tool. Fundraising in secondaries has been similarly robust, but even with this growth the market remains shallow relative to the addressable investment universe and continues to be capital-constrained.”

“Secondaries Investor Law Firm Survey 2025: Deal value rockets with record-breaking year,” Secondaries Investor (May 21, 2025) (subscription required)

Copy link to share post