PJT Park Hill has bulked up its secondaries operations with the appointment of a New York-based professional.
Collin Zych has joined the investment bank’s secondary advisory unit, according to two sources familiar with the matter. He left Greenhill in early December, according to one of the sources.
Zych joined Greenhill in 2015 as part of the bank’s acquisition of Cogent Partners and has focused on advising clients on the structuring and execution of secondaries transactions, according to Greenhill’s website.
His departure follows that of seven managing directors from Greenhill, five of which are joining financial services firm Jefferies in the new year. They followed that of Stephen Sloan, Greenhill’s private capital advisory head, and Brian Mooney, who left to join Portfolio Advisors.
PJT Park Hill’s global secondaries advisory group is run by David Perdue. The firm advised on $14.5 billion-worth of deal volume last year – a 20 percent year-on-year rise, according to the Secondaries Investor Advisory Survey 2020.
Separate spokesmen for PJT and Greenhill declined to comment.