Nomura Young Gun resurfaces at 17Capital

Richard Golaszewski becomes the preferred equity firm's seventh senior hire this year as it seeks €1.8bn for Fund 5.

17Capital has continued its hiring spree with the appointment of an investment director and former Secondaries Investor Young Gun.

Richard Golaszewski
Golaszewski: a Secondaries Investor Young Gun

Richard Golaszewski, whose departure from Nomura was reported by Secondaries Investor in June, has joined the preferred equity specialist as a director in its New York investment team, according to a statement.

He spent 10 years at the Japanese financial services giant where was an executive director in the equity and fund solutions group responsible for originating and structuring asset-based financing transactions in alternative asset classes, including secondaries.

Golaszewski was a wildcard pick in the Young Guns of Secondaries Class of 2018, a list of the most impressive secondaries professionals under the age of 36. He was described as “one of the most creative and effective bankers” in secondaries.

Golaszewski is the seventh senior hire the preferred equity specialist has made this year. Last week it hired Beverly Berman, a former managing director in the investor relations team of Thomas H Lee Partners, as senior advisor, Secondaries Investor reported.

Other appointments this year include finance director Anthony McKay from CVC Credit Partners, managing director Stephen Quinn from Lloyds Banking Group and managing directors David Wilson and Emad Shahin from JPMorgan.

Secondaries Investor reported in late July that 17Capital was returning to market with its fifth flagship fund seeking €1.8 billion, a 50 percent increase on the amount it raised for its 2016-vintage Fund 4.

Preferred equity transaction volumes stood at $2.14 billion in the first half of this year, against $3 billion for full-year 2018, according to data from advisor Evercore.