Michael Baruch & Adam Le
The secondaries specialist, which spun out of Deutsche Asset Management, is at least the fifth secondaries firm to be subject to an M&A process this year.
The news comes as the firm eyes the target of its latest secondaries fund seeking $3.5bn.
Shane Feeney, who has been responsible for overseeing the pension giant's roughly $101bn private equity portfolio, will join as global head of secondaries.
A snapshot of law firms’ secondaries work last year by volume, deal count, strategy and more in our latest annual report.