Preferred equity

The appointments bring the number of staff at the preferred equity specialist to 34.

Vjerana Spajic joins the Carlyle unit to focus on preferred equity, six months after Secondaries Investor reported she had left the firm.

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.

The preferred equity specialist has also hired a general counsel as it seeks $1.5bn for its third vehicle.

The preferred equity specialist is returning to market two months after announcing the final close on its second fund.

Northleaf Capital Partners' latest fund is more than three times larger than its predecessor. Managing director Michael Flood discusses how the firm plans to deploy the vehicle and the additional $500m it amassed in SMAs.

The investment, which does not give Landmark an ownership stake, will allow Stonepeak to expand its credit business.

Bridge funds, preferred equity vehicles and fund unitranche are just some of the latest developments in an evolving market.

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

The preferred equity firm, headed by former CPPIB secondaries head Yann Robard, launched its Fund II in January.