<?xml version="1.0" encoding="UTF-8"?><urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9" xmlns:news="http://www.google.com/schemas/sitemap-news/0.9"><url><loc>https://www.secondaryscoop.com/p/the-5-trillion-overhang-why-pes-liquidity</loc><news:news><news:publication><news:name>Secondary Scoop</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-06-03T21:23:19+00:00</news:publication_date><news:title>The $5 trillion overhang: why PE’s liquidity problem is secondaries’ opportunity</news:title></news:news></url><url><loc>https://www.secondaryscoop.com/p/ares-doubles-down-on-secondaries</loc><news:news><news:publication><news:name>Secondary Scoop</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-06-02T10:59:13+00:00</news:publication_date><news:title>Ares Doubles Down on Secondaries — With Numbers to Back It Up</news:title></news:news></url></urlset>