Fund Finance

Gregg Kantor left the bank in April to focus on a property start-up he launched.

Fund finance professionals David Wilson and Emad Shahin follow Thomas Doyle, who joined the preferred specialist as a partner in September.

The buyout firm has been in discussions with providers over a £500m finance facility for its 2013-vintage HgCapital 7 fund, Secondaries Investor has learned.

Goldman Sachs Asset Management is looking to raise as much as $7bn for its eighth flagship secondaries fund.

The placement agent and secondaries advisor has raised $200m to finance seed, allocation and expansion operations for firms that want to go it alone.

Limited partners in the firm's 2010-vintage $400m co-investment vehicle can approve an extension or sell to a secondaries buyer.

Tom Doyle comes to the preferred equity provider from JPMorgan, where he helped build out the firm's PE fund finance team.

The retail-focused firm, which is seeking $1.25bn for Asian investments, wants more time to manage the assets in its 2009-vintage fund.

Funds of funds have to differentiate to stay competitive, which for many means developing secondaries capabilities.

The preferred equity specialist has raised $729m a month after Secondaries Investor reported that the firm was preparing to hold a close in the first quarter.