Blackstone executives expect that private equity investment in secondary market transactions will surpass $400 billion by the year 2030.

Verdun Perry, the head of Blackstone Inc.'s secondary market fund, said that buying and selling equity in existing private equity assets is the market's "most underutilized tool," and predicted that by 2030, secondary market transaction volume will grow by more than double, reaching $400 billion. Perry said in an interview, "Regardless of whether the market is weak or strong, the role of the secondary market will increase over time, providing a solution for private market investors." He estimated that the transaction volume in this area could exceed $220 billion this year.