It is understood Lazard’s head of US secondaries advisory Amanda Ugarte will join the investment bank to lead and build out its secondaries advisory team.
Tim Henn, who has joined from JPMorgan as head of private equity secondaries, tells Secondaries Investor the firm plans to invest in deals with GPs it knows through its platform.
Trading of second-hand stakes in funds and assets will hit a record this year, according to Verdun Perry, global head of Strategic Partners.
The firm has appointed five managing directors across its secondaries and placement agent businesses.
Pricing for high-quality inflection assets with material upside has tightened to the low- to mid-90s, according to chief executive David Layton.
Max Barnes joined Rede Partners in 2021 from Abrdn and was included in Secondaries Investor's Next Gen Leaders of Secondaries list last year.
The firm believes VC secondaries will shift venture capital from an illiquid to liquid asset class in the near future, according to founding partner Alan Vaksman.
As more GPs seek alternatives to traditional exit paths for their older investments, continuation funds have grown more popular for certain assets.
GP-led market could grow to as much as $500bn 'effortlessly', AltamarCAM chief executive José Luis Molina tells Secondaries Investor.
Private equity secondaries will be a $500bn market by 2030, the firm's founder and chief investment officer Jeremy Coller tells Secondaries Investor.