Glendower makes raft of appointments as it eyes Fund V close

Glendower Capital has bulked out its bench with a string of hires as it seeks to raise its largest vehicle yet.

The London-headquartered secondaries investor has made five senior appointments in recent months and has added a further five individuals as part of its 2022 analyst programme across its London and New York offices, according to a statement.

London-based Kate Simpson takes up the post of legal counsel and director of transactions. Simpson was previously general counsel at Campbell Lutyens.

Glendower has also made two hires for heads of departments in London. Andy Chu joins as head of group finance from wealth manager WH Ireland, where he was head of group finance. Vivan Jayant has been appointed head of data, joining from HPS Investment Partners. Jayant was vice-president of data analytics at the investment firm, responsible for leading the risk and front-office focused technology and data initiatives.

In its New York office, Glendower has hired Jeremy Friedman as a principal on its investor relations team. Friedman joins from Crescent Capital Group, where he was a vice-president.

Louise Boothby has officially taken up her role as partner at Glendower, having spent 12 years at Coller Capital as an investment partner and the global head of the funds group. She left the firm this year and had been on a period of gardening leave, Secondaries Investor reported in March.

Glendower has raised $7.7 billion over the last five years, according to the SI 50 ranking of biggest secondaries fundraisers. The firm is raising its fifth flagship, Glendower Capital Secondary Opportunities Fund V, which has already reached its $3.5 billion target, according to Secondaries Investor data.

The vehicle, which is the first raised under CVC Capital Partners’ ownership, is expected to reach its $4.5 billion hard-cap, Secondaries Investor reported in February.