Campbell Lutyens boosts secondaries team – exclusive

Campbell Lutyens has hired three professionals on its secondaries team globally, bringing the advisory firm and placement agent’s secondaries headcount to 27.

In London, the firm appointed Annabelle Judd as a senior vice-president and Ana Dicu as a senior associate, while in New York Bon-Jay Tseng joined as a vice-president, according to a statement obtained exclusively by Secondaries Investor.

“The backgrounds and experience of these new team members reflects the increasing complexity we are seeing in the market as GP-led secondary transactions becoming a larger part of our activity,” chief executive Andrew Sealey said.

Judd joins from Rothschild where she spent more than 10 years and most recently focused on M&A deals in the consumer, retail and leisure sectors. Dicu joins from financial services firm Canaccord Genuity where she focused on M&A advisory for more than seven years.

Tseng, who worked at UBS for two years until June 2015 and was a member of its secondaries advisory team, joins from investment banking advisory firm Peter J Salomon where he advised on private equity and infrastructure deals.

The hires, which bring the firm’s total number of professionals to more than 100, come as Campbell Lutyens boosts its North American activity. In August UBS’s global co-head of secondaries Gerald Cooper left the Swiss bank to join Campbell Lutyens in its New York office, as Secondaries Investor reported.

In October the firm announced two secondaries professionals had relocated to New York from London and that it had hired Jake Starke, an analyst, from Portfolio Advisors.

Campbell Lutyens completed its highest volume of secondaries deals ever over the last 12 months, Sealey said. The firm included transactions from the first quarter of this year in its figure, which it did not disclose.

The firm plans to hire additional professionals in its secondaries and primary teams in its New York, London and Hong Kong offices.