People

'NAV lending, and fund finance generally, has become an accepted tool for private equity funds', says Crestline managing partner and chief investment officer Douglas Bratton.

The hire will help the firm expand, with an emphasis on GP-leds, access to the secondaries market for private clients and smaller institutions.

The promotion of Robert de Corainville is one several personnel changes across the preferred equity firm.

Whitehorse, Morningside, MJ Hudson and Proskauer Rose are among the firms represented on affiliate title PEI’s list of most impressive people under 40.

The four-person team led by managing director Matthew Wesley will join Jefferies less than a year after joining Guggenheim.

The Swiss interdealer-broker has hired two professionals to focus on the asset class, Secondaries Investor has learned.

The private equity giant is looking at opportunities to acquire secondaries firms or set the unit up organically, according to co-president and co-COO Scott Nuttall.

Thomas Doyle will leave the London-based preferred equity specialist in the coming weeks, having joined from JPMorgan in 2018.

The firm has hired four investment professionals to its US office over the past year as it seeks $3.5bn for its latest secondaries fund.

The credit behemoth has earmarked $1bn of insurance client capital for its launch into private debt secondaries.