A replacement for global head of the PCA group, which will continue to operate as usual, has not been named, Secondaries Investor understands.
Blue Owl is building out its relatively new secondaries unit, aiming to be a market leader in the GP-led space.
The firm is continuing the expansion of its private funds group as demand for secondaries grows.
The firm has also made further leadership promotions and created two regional operating committees to ‘further strengthen local leadership’, according to a memo seen by Secondaries Investor.
Daniel Ward, a former principal at CPP Investments, has joined Hg's secondaries team as the firm builds up investment capacity in GP-leds.
The promotions bring the firm’s total number of partners to 28, according to a statement.
The law firm promoted 28 lawyers to partner and 53 to counsel across its global team.
The placement agent’s co-lead for secondaries tells affiliate title Buyouts that she also expects more mid-market GPs to raise funds targeting investment in continuation vehicles.
Here’s a look back at some of the most notable hires from the past year amid a fierce battle for talent across the secondaries market.
Bridgepoint, which owns PEI Group, has been eyeing the ‘best route into secondaries’ for the past year, group chief executive Raoul Hughes says in a statement.