People

Following a multi-year selection process, two senior executives have been elevated as eventual heads of the business, while three have departed the secondaries manager.

Mubadala’s indirect investments arm, which launched its secondaries unit in 2024, deployed $19bn in 2025.

Anton Orlich, architect of the US pension giant’s PE turnaround, will now also be responsible for its private credit, real estate, infrastructure and other alternative programmes.

The former investment principal, who covered secondaries transactions in India, Australia and Southeast Asia, joined the firm in 2011 in London.

As the secondaries market keeps growing, firms increasingly face a shortage of experienced talent. As competition ramps up, we delve into where and how the buyside is recruiting.

The law firm values nimble talent as it expects innovation in the secondaries market to emerge across a broader range of products, head of the alternative asset opportunities group Isabel Dische tells Secondaries Investor.

The total compensation median for secondaries distribution talent reached $739k in 2025, compared with $800k for the broader alternatives market, according to a report.

The senior managing director is Evercore’s latest joiner, with the investment bank also building a credit secondaries team in Europe and hiring an APAC head earlier this year.

People from StepStone, LGT Capital Partners, Kirkland & Ellis and more made affiliate title Private Equity International’s latest list of future PE leaders.

The financial services-focused firm, which hired Brookfield’s former co-head of sponsor solutions Mark McDonald earlier this year, sees opportunity in its historic area of focus: the European mid-market.