Silas Sloan

CFOs of private markets managers discussed at a recent event the challenges – and opportunities – they face in light of the explosive growth of the secondaries market.

The New York-headquartered firm also promoted two employees to partner.

Blackstone expects to hold a final close for Strategic Partners Infrastructure IV in the first quarter of this year, according to pension fund documents.

The New York State Common Retirement Fund made the two largest commitments last year to funds managed by TPG and Blue Owl.

LP-led deals saw a record $87bn volume last year as pricing continued to increase, according to a report from Jefferies.

Kosters will oversee the expansion of Antares' credit secondaries strategy with the credit shop completing 'multiple transactions' last year.

Volume from single asset deals grew by more than 80% year-on-year, accounting for more than half of all GP-led deal volume in 2024, according to Campbell Lutyens' full-year secondaries report.

LP-led deals made up 54% of the record $162bn of volume seen in 2024, with pricing improving across all asset classes, according to Jefferies' Global Secondary Market Review.

Wesley will become head of private funds advisory at Moelis, a role left vacant following the departure of Rodney Reid last year, Secondaries Investor has learned.

The firm is targeting €200m to invest in continuation vehicles.