Staff Writer

The promotion follows a first close on €61m for the international private equity firm’s sixth fund, which is targeting €200m. As head of finance at the direct secondaries firm, Meyel built the firm's management and control systems.

London-based 17Capital has inked its debut deal, providing €30m of mezzanine finance to Altamir Amboise, a French-listed vehicle linked to Apax Partners France.

The Singapore-based firm has hired Alex Sao-Wei Lee from secondaries specialist Coller Capital.

The French fund of funds platform – a captive of insurance group Allianz – has garnered €315m for Fund V and hopes for a final close by the end of the year.

In a ‘sign of the times’ PEI’s second annual Private Equity Leader award has gone to Jeremy Coller, whose firm manages one of the largest pools of capital in the secondaries market.

The listed fund of funds has this week unloaded a total of £206m of unfunded commitments.

The $11.5bn pension is facing a 'severe' liquidity crisis and is looking to credit opportunities to provide much-needed cash flow.

The secondaries business has replaced Brian Wright, who left the business back in August 2008, with former Adams Street partner Oliver Gardey.

The Boston-based fund of funds and secondaries firm has held a final close on Dover Street VII, the global secondaries fund that earlier this year backed Lehman Brothers’ venture spin out.

The London-listed private equity firm has offloaded a portfolio of 10 venture capital investments to the secondaries specialist. 3i has also exited its growth capital investment in shipping services company Instone International for between €30m and €50m.