Pomona Capital has hired Daniel Meade, a former fundraiser at Eaton Partners, to head up its global business development efforts.
Meade will join the firm’s New York office as a managing director. At Eaton, he was responsible for fundraising around the firm’s illiquid strategies, including private equity, real estate and real assets.
“We are committed to building new and long-term relationships with our clients,” Michael Granoff, chief executive officer at Pomona, said in a statement.
Pomona has been investing from its seventh private equity secondaries fund, which closed on $1.3 billion in 2009. The firm was founded in 1994 and manages about $6 billion across a series of secondaries funds, primary fund of funds and co-investment funds.
Last year, the firm absorbed some of the founders of specialist emerging markets fund of funds EMAlternatives. Co-founders Ernest Lambers and John Stephens joined Pomona as managing directors focusing on the firm’s investment programmes in Asia and other emerging regions.
Pomona has had its share of turnover in recent years. In May 2010, the firm lost partners Mark Maruszewski and Thomas Bradley, two veterans of the firm’s secondaries business, to StepStone Group.