HQ Capital hires Pantheon duo for secondaries team – exclusive

The move comes two weeks after the former co-heads left.

HQ Capital has hired two Pantheon investment professionals for its secondaries team, two weeks after Secondaries Investor reported the previous team had left.

Ben Wilson has been appointed managing director and Alec Brown as director, according to a source familiar with the matter. Both join in New York in July.

A spokesman for HQ Capital confirmed the appointments. It is understood the pair will be key leading members of the secondaries team.

Wilson joined Pantheon in 2017 as a principal. Before then, he was a managing director at PEI Funds where he sourced, evaluated, analysed and priced secondaries transactions, according to Pantheon’s website.

Brown has been at Pantheon since 2016 and was previously a director in UBS’s private fund group focusing on secondaries advisory.

A spokewoman for Pantheon told Secondaries Investor: “It’s the nature of working in a dynamic investment industry where opportunities do present themselves from time to time. It’s business as usual for us and our clients –  [Wilson and Brown] were two of our newer members on a global bench of 26 seasoned investment professionals working across secondaries.”

Secondaries Investor reported in mid-June that managing directors Christian Munafo and Chris Lawrence, HQ Capital’s previous co-heads of secondaries, had left the German family office’s investment arm. It is unclear where either are headed.

HQ Capital manages $7.1 billion in private equity assets including primary
funds, secondaries, and co-investments, according to its website. The firm’s latest secondaries funds are its $503 million for Auda Secondary Fund IV and its $250 million Auda Asia Secondary Fund, according to Secondaries Investor data.