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New 2ND adds partner from AlpInvest

New 2ND was founded by a former AlpInvest managing director in 2016 and held a $572m final close on its second fund in June.

New 2ND Capital has expanded its partnership, two months after holding the final close on its second flagship fund.

The New York-headquartered secondaries firm has appointed Evert Vink as partner and chief operating officer, founder Tjarko Hektor confirmed in an email. Vink joins from AlpInvest Partners where he was chief legal officer.

Vink was at AlpInvest for 15 years, having joined from five years at law firm Freshfields Bruckhaus Deringer, according to his LinkedIn profile.

Hektor, a former AlpInvest managing director, founded New 2ND in 2016. The firm’s other partners are ex-AlpInvest managing directors Jordan Bradley and Clay Cole, and former head of secondaries and co-investments at Top Tier Capital Partners Dan Townsend.

In June, the firm held a $572.08 million final close on New 2ND Capital Fund II after six months in market, Secondaries Investor reported. Its debut fund raised $294 million by final close in 2019, against a $250 million target.

New 2ND focuses on GP-led transactions in the North American small- and mid-market, including spin-outs, restructurings, direct secondaries and the acquisition of co-investment portfolios.

Among the deals the firm has backed are the $134 million multi-asset restructuring of Vicente Capital Growth Equity Fund, a 2008-vintage fund, Secondaries Investor reported.