advisor

The promotions of Jarrett Vitulli and Rodney Reid bring the total number of partners within the private capital advisory group to three.

The firm closed nearly 80 secondaries transactions globally last year and advised on around $20bn worth of deals.

Sponsors have become the largest seller type with GP-led deals jumping 71% year-on-year.

Money, the desire for variety and changing generational priorities could drive more secondaries investment people into the advisory world.

Suvir Varma has spent 17 years with the management consultancy advising PE firms and SWFs on their investment strategies in Asia-Pacific.

Buyout fund Sun Capital VI commanded a 26% premium to NAV, according to a survey by the online secondaries marketplace.

Chris Areson, former head of secondaries advisory for the Americas at the investment bank, will join the asset manager in an IR role, Secondaries Investor has learned.

Michael Hu has been appointed director in Ardian’s Singapore-based funds of funds team, Secondaries Investor has learned.

Fred Han, who has experience at UBS and Greenhill, is joining as a principal based in New York.

Secondaries head Ted Craig has been promoted to the top spot while fellow managing partner Eamon Devlin moves to Zurich.