Christopher Witkowsky

Jennifer Morais has left CPPIB's funds, secondaries and co-investments team, which is working to deploy $10bn in secondaries deals over five years.

The bankrupt city’s $2bn General Retirement System will interview Landmark and Lexington as it searches for a manager to run a $15m allocation to private equity secondaries.

The loss of Nigel Dawn to Evercore has not stopped UBS from moving forward with its secondaries business.

The bankrupt bank continues to have an active pool of limited partner interests in private equity funds, which contributed to $1.2bn in distributions last year.

With the ‘surprising’ hiring of former UBS secondaries executives Nigel Dawn and Nicolas Lanel, Evercore has almost overnight become a major player in the secondaries world.

Vintage Fund VI, which has been targeting $5bn, was expected to close in mid-June.

In the wake of secondaries’ chief Nigel Dawn’s decision to leave the bank, UBS has named two co-heads to run the business.

Nigel Dawn, who has helped lead the secondary advisory operation at UBS, will step down by the end of July.

Former PineBridge Investments head of European secondaries Pablo Calo has joined the Blackstone affiliate to run secondary advisory work from London for clients across Europe.

The retirement system has hired Park Hill, Cogent and UBS for an advisory ‘bullpen’ to be called on as and when needed.