Adviser

Rede to lose Next Gen Leader transactions team professional

Max Barnes joined Rede Partners in 2021 from Abrdn and was included in Secondaries Investor’s Next Gen Leaders of Secondaries list last year.

Jefferies brings on more GP-led talent with hiring of Fahrholz in London

As more GPs seek alternatives to traditional exit paths for their older investments, continuation funds have grown more popular for certain assets.

Orange County pension picks four secondaries advisers

Raymond James, Evercore, Jefferies and Campbell Lutyens are in the wings for the pension fund’s secondaries sales route.

Rede Partners’ Camacho to depart firm

Michael Camacho, a former long-time AlpInvest Partners executive who has worked in North America, Europe and Asia, is understood to be leaving this week.

Moelis’s head of private funds advisory to step down

Secondaries advisory has become a desired function at investment banks, and many smaller, mid-market focused financial institutions brought on secondaries talent in recent years.

Single-asset CVs offer steadier returns than buyout funds – Evercore

Continuation vehicles across different geography, size and industry of underlying assets have generated similar return multiples.

Rothschild taps ex-AlpInvest’s Moerel to advise on GP-leds

Rothschild advised on €2bn of GP-led deal volume last year, including infrastructure continuation fund deals for Ancala Partners and DWS.

Investec expands GP advisory with Asante, Credit Suisse, HarbourVest hires

The bank has tapped three advisory professionals to join its team under former Eaton Partners exec Stefano Manna.

Jefferies brings on secondaries advisory talent from William Blair

The hires come as secondaries advisory groups shift and expand, with some places growing their capabilities to meet increasing demand for transactions such as continuation funds and LP portfolio sales.

GPs look to multi-asset continuation funds for DPI – Campbell Lutyens

There was a sharp spike in the use of deferrals last year, driven by improved pricing for GPs and additional benefits for secondaries buyers, according to partner Gerald Cooper.