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The city state is one of three Asia-Pacific countries that are expected to provide increasing LP portfolio dealflow, Jason Sambanju told Secondaries Investor.

The firm has completed a management review prompted by former chief executive Tim Jones’ sudden departure in January, opting not to replace him.

Sir Peter Westmacott, the British Ambassador to the US from 2012-2016, joins the London-based firm as it seeks to grow its North American business.

The $300bn pension fund has hired Washington State veteran, Marcie Frost, as chief executive after the previous one retired.

Gabriel Boghossian will lead a GP-led restructurings and direct secondaries practice at the law firm.

Luca Salvato, a partner who was at Coller for 16 years, plans to leave the secondaries firm shortly and to take the rest of the summer off to consider his next move.

The firm has promoted Nordics specialist Edward Hutton to partner.

The investment bank has hired two managing directors and an associate for its illiquid financial assets unit to focus on balance sheet deleveraging.

Previously an associate regional director at the SEC, Catherine Dabney O’Riordan will focus on investigating misconduct by private funds, investment advisors and investment firms.

Deals are taking longer to close due to political uncertainty, according to the head of Aberdeen Asset Management's buyout, secondaries, mezzanine and direct co-investments unit.