Glendower promotes two MDs to the partnership

The promotions come as the firm seeks $3bn for its fifth secondaries vehicle.

Glendower Capital has made a number of promotions, including two to partner, as it seeks to raise its fifth fund.

The secondaries firm promoted New York-based Rikesh Mohandoss and London-based Emilio Olmos to partner, according to a statement.

“I would like to also express my congratulations to our new Partners for their special dedication to the firm and to its core values and culture,” chief executive and managing partner Carlo Pirzio-Biroli said in the statement. “We look forward to their leadership and continued success driving our business forward.”

Mohandoss was included in Secondaries Investor‘s 2016 Young Guns of Secondaries ranking of the most impressive industry professionals under 36, and was noted for his expertise in technology, media and telecommunications.

Glendower also promoted Nick Grabbe and Jonathan Roome to vice-president and Arjun Ratnam to associate.

Glendower ranked 19th in the latest SI 30 list of the biggest secondaries fundraisers over the previous five-year period. The firm is seeking $3 billion for Glendower Capital Secondary Opportunities Fund V, according to Secondaries Investor data.