Adveq hiring for New York IR team

Adveq is hiring for its investor relations team in New York, according to a job posting on LinkedIn by the Swiss fund of funds.

The role will be an associate-level position and will entail raising capital from institutional investors and their respective consultants in North America.

The posting follows a series of promotions by the firm in January, with six of its employees becoming executive directors across the US, Europe and Asia.

Dan Rhoads, who joined the firm in May 2011, became executive director of Adveq’s investor relations team in New York. Rhoads said Adveq’s global platform, experienced local teams and focus on smaller, specialised strategies had fuelled the firm’s growth in recent years.

“Our growth resonates in Adveq’s New York office, where we have tripled the number of employees since my joining,” he told sister publication Private Equity International in an email.

Adveq launched its first US-exclusive fund of funds programme in July 2005, and expanded outside its headquarters in Zurich for the first time in June 2007 by opening its New York office.

The firm is back in market with its third secondaries vehicle seeking to raise more than $175 million, as Secondaries Investor exclusively reported.

The firm manages $6 billion in assets, according to PEI Research & Analytics. Last month, it closed Adveq Specialized Investments and Adveq Europe Co-investments, on €323 million and €102 million respectively.