A recent report analyzed historical transaction activity in the private equity secondaries market; perspectives of buyers and sellers on their motivations and outlook for future transactions; and capital raising activity with respect to funds that invest in fund interests via secondary market transactions.  This article summarizes key findings from the report.  See also “O’Melveny & Myers Partners Dean Collins and James Ford Discuss the Rationale, Mechanics and Common Terms for Secondary Market Sales of Private Equity Fund Interests,” Hedge Fund Law Report, Vol. 6, No. 15 (Apr. 11, 2013).