Adviser

Jefferies joins group of firms breaking into secondaries advisory world

The financial services firm has hired two Greenhill managing directors to launch its push into the strategy, Secondaries Investor has learned.

Lazard director joins ex-Credit Suisse execs’ firm to focus on secondaries

Aviditi Advisors was launched by Ryan Schlitt and John Robertshaw, veterans of the Swiss investment bank.

PJT Partners takes on Taiwan single-asset deal

The process follows the close last week of a $600m yuan-to-dollar restructuring involving Chinese sponsor IDG Capital.

Greenhill’s Sloan departs as private capital advisory head

The investment bank has named a new head of its unit, which is one of the biggest secondaries advisors globally.

Ex-Duff & Phelps advisory team resurfaces with $1bn mandate

The four-person team, led by Dan Nolan, has moved to a Swiss outfit and is understood to be working with a US endowment on a portfolio sale.

Montana adds Japan Post, CVC grandees to board

Montana Capital Partners has been investing its €800m Fund IV, which held its final close in 2018.

Guggenheim taps Houlihan secondaries head for advisory team

The appointment comes after the $280bn investment manager hired two executives with both sellside and buyside experience over the summer.

Pricing rebounds from pandemic-inflicted lows – Setter

The average high bid for buyout funds surpassed 90% of NAV in the three months to end-August, according to data from the intermediary.

PODCAST: Evercore’s Nigel Dawn on the secondaries opportunities to come

We catch up with investment bank Evercore’s private capital advisory head, who discusses single-asset transactions, secondaries deals in the era of covid-19 and what’s in store for the market this year.

Proskauer hires Kirkland secondaries partner

The two law firms were the first- and second-most active in the secondaries market last year.