Eaton latest to enter secondaries advisory market

Ex-Atlantic-Pacific professionals Michael Pilson, Alexander Mejia and Kevin Imhoff comprise the placement firm's new secondaries advisory team.

Connecticut-based Eaton Partners is the latest placement firm to enter the secondaries advisory market with a team consisting of Michael Pilson, Alexander Mejia and Kevin Imhoff, according to a statement.

Pilson, Mejia and Imhoff previously ran the secondary advisory business at Atlantic-Pacific Capital, where they advised a wide range of clients on secondaries market transactions, said the firm.

Pilson has over 17 years of experience in the private equity industry with stints at Atlantic-Pacific Capital, DuPont Capital Management and Deutsche Bank and Cowen & Co; Mejia has over 12 years of private equity experience at Atlantic-Pacific Capital; Credit Suisse and BNY Capital Markets.

The statement said Imhoff had over 8 years of experience in the private equity industry, at Atlantic-Pacific Capital, Goldman Sachs and DuPont Capital Management.

Jeff Eaton, partner at Eaton Partners, said the additions would help provide more options to Eaton’s existing client base.

“As the private equity industry continues to mature, we believe that secondary activity will become increasingly prevalent and we now have the ability to provide our clients and our Limited Partner relationships with best-in-class secondaries advisory capabilities,” said Eaton.

The secondaries advisory team will be based at Eaton’s headquarters in Rowayton, Connecticut in the US, managing private equity, real asset, real estate, venture capital and illiquid hedge fund secondaries investments.

Eaton noted it now has 55 people across six offices globally for its placement business, and said it has raised more than $57 billion across 80 funds.