People

Ben Pearce and David Perrin played key roles in developing the firm's secondaries capabilities in Europe and the US respectively.

Preferred equity isn’t new but firms such as 17Capital are applying it to private equity via dedicated funds. In this 26-minute podcast we speak to managing partner Augustin Duhamel about the strategy that is quietly taking the market by storm.

The firm, founded by former AlpInvest Partners secondaries head Tjarko Hektor, has hired a vice-president from HQ Capital.

Tony Cusano has founded Banner Ridge Partners and hired a principal from his former firm as a partner.

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

Richard Olson, who joined the firm in 2017 to build out its secondaries practice, left this month.

Chair of the firm's investment funds practice John Daghlian and secondaries Young Gun Mary Lavelle are joining two former colleagues at Akin Gump.

The departures follow that of the CEO and COO in March from the investment arm of the German family office.

Richard Golaszewski, an almost decade-long veteran of the Japanese banking giant, has left to pursue a new opportunity.

The appointments bring the number of staff at the preferred equity specialist to 34.