Partners Group Young Gun joins HQ Capital – updated

Kevin Nowaskey, who was listed on Secondaries Investor's ranking of the most influential young professionals under 36 last year, will work on secondaries and fundraising in the firm's New York office.

A Partners Group secondaries professional who featured in Secondaries Investor‘s Young Guns of Secondaries Class of 2017 has left to join HQ Capital.

Kevin Nowaskey takes the title of vice-president at the firm and will be based in New York, according to his LinkedIn profile. It is understood his first day will be 19 March and he will work across secondaries and global fundraising efforts, reporting to managing directors Christian Munafo, Chris Lawrence and Tim Brody.

Nowaskey was most recently an assistant vice-president at Partners and ranked eighth in last year’s Young Guns of Secondaries list of the most influential professionals under 36. As of September he had worked on more than 70 LP portfolio deals, eight fund restructurings, 11 direct secondaries transactions and three co-investments, closing at least $1.2 billion in the three years since he joined Partners.

He had originated around $1 billion of secondaries dealflow during that time, as Secondaries Investor reported.

HQ Capital, the rebrand of Auda International and HQ Group’s real estate and buyout businesses in 2015, is raising Auda Secondary Fund IV, according to PEI data. The fund launched in October 2015 and is seeking $400 million.

The firm, which also manages funds of funds, mezzanine, distressed and venture capital funds, has $11.9 billion in assets under management, according to PEI data.

– Adam Le contributed to this report.

– This story was updated to show Nowaskey will focus on secondaries and global fundraising efforts.