PJT Partners is expanding its European secondaries business and has hired a professional from Goldman Sachs.
Debra Kelsall will join the investment bank’s secondary advisory group as a director next month, according to two sources familiar with the matter. It is understood that Kelsall is one of a handful of hires set to join the firm’s London office.
Kelsall has spent the last five and a half years at Goldman, most recently in its alternative capital unit.
The firm advised on $14.5 billion of deal volume last year, marking a 20 percent year-on-year increase, according to the Secondaries Investor Advisory Survey 2020. The firm’s 27 transactions included three single-asset restructurings, one strip sale and one tender offer.
A spokesman for PJT did not comment on the appointment.