Silas Sloan

Andrew Ward joins Mike Catts as one of two partners in the firm’s New York office.

Stafford plans to allocate 80% of its latest $1bn+ timberland fund to secondaries, chief executive Angus Whiteley told Secondaries Investor.

While Ardian wants to make sure it gets the best pricing in its deals, the most indicative link back to the returns it generates is 'not necessarily what we pay, but what we buy', senior managing director Wills Small said in a video interview.

Secondaries professionals gathered in Orlando, Florida, for an annual invite-only dinner and celebration during NEXUS 2025.

The strategy is nearly double the size of its predecessor, which closed in 2021.

Infrastructure secondaries volume is expected to double in the next five years after seeing at least $15bn last year.

Rising acceptance of continuation funds could drive further growth in the GP-led space, industry participants said at PEI Group’s NEXUS 2025 event in Orlando last week.

The firm's predecessor vehicle closed on $2.9bn in June 2021, Secondaries Investor data shows.

This is Moelis's second hire from Jefferies this year – it has already employed Matthew Wesley to head up its private funds advisory capabilities.

The European mid-market firm, which has £11bn in AUM, is looking to move four UK-based assets into a new vehicle, Secondaries Investor understands.