People

The opening brings the Allianz spin-out's global office count to five as it forges ahead with its latest secondaries fundraise.

Scott Landress also must pay a $1.25m penalty to settle charges that he improperly withdrew fees from two real estate secondaries funds.

A senior member of the firm has relocated to New York to lead a three-person team as it expands its secondaries brokerage operations, Secondaries Investor has learned.

Ashley Johansen, who led the secondaries firm's fundraising team for three years, has joined the mid-market buyout firm after a brief stint at Irving Place Capital.

Optimize Capital Partners has seven professionals including a former Portfolio Advisors managing director.

The management company of the US's largest university endowment has been an active seller on the secondaries market in recent years.

The stakes include up to $10m in secondaries funds in addition to buyout, credit and real estate fund interests.

While fund ownership should be shared, the management company needs to ‘build out a vision’ around one leader when starting out, Coller said.

The secondaries veteran joined the global investment firm's New York office as a principal in January, Secondaries Investor has learned.