People

Andrew Rich's departure is the second since October from the direct secondaries pioneer as it shifts its focus to private credit.

The promotions include one to MD as the secondaries specialist gears up to raise more than $6bn across a private equity and real estate funds.

Three partners and up to six associates will join the law firm's London office, establishing its secondaries capability.

The firm also promoted six members of its investment team including a London-based secondaries professional.

Scandals, surprises and a retirement have punctuated a tumultuous year of people moves in secondaries. Here are the year's most interesting stories.

Secondaries Investor's most-read stories of the year.

The Boston-headquartered firm’s round of promotions comes a month after it closed its oversubscribed secondaries fund Dover Street IX on $4.8bn.

Jonathan Sibilia was appointed to the position at the venture capital investment firm in early December.

Andrew Ceresney, who has led the US regulator's largest division for nearly four years, is at least the seventh senior person to depart since the presidential election.

The Whitehorse Liquidity Partners managing partner and former head of secondaries and co-investments at Canada Pension Plan Investment Board gives us his predictions for how the secondaries market looks in 2017.