
Adam Le
The departure comes as the volume of real estate secondaries reached a record high of $8.5bn last year, driven by fund and portfolio recapitalisations.
Simon Bachleda, manging partner of Revelstoke Capital Partners, talks to Secondaries Investor about why the firm has tapped secondaries capital on more than one occasion.
The bank's capital advisory group benefitted from a significant rise in deals in the second half of last year, co-chairman and co-chief executive John Weinberg said on Wednesday.
The promotions come as the firm seeks $3bn for its fifth secondaries vehicle.
The appointment comes at a time when many advisors are focusing on GP-led transactions.
The law firm advised on more than $57bn-worth of secondaries transactions last year and represented GPs including Audax Group and Clearlake Capital Group.
The London-based appointments come as the Carlyle Group unit deploys its $10.2bn ASP VII secondaries programme.
The investment bank is planning to make senior hires in the US over the coming months.
Total deal volume for last year was around $60bn – a figure in line with 2017 levels, according to estimates from the investment bank shared with Secondaries Investor.
Secondaries Investor catches up with Brenlen Jinkens, Todd Miller and Scott Beckelman to discuss their immediate plans at the financial services firm and how they expect the secondaries market to evolve.