The investment bank's New York-based co-head of real estate advisory is leaving after two years in the role.
Nicolas Lanel, managing director and head of European secondaries advisory at the investment bank, will be replaced by Lea Lazaric Calvert, Secondaries Investor has learned.
London-based Pablo Calo becomes head of secondaries international as part of the changes, Secondaries Investor has learned.
The firm is putting together a 10-strong secondaries team, split between London and New York, to focus on vanilla deals as well as more complex processes.
Orcun Unlu, who appeared in Secondaries Investor's Young Guns of Secondaries Class of 2016, had helped execute Citi's regulation-driven exits from alternative investments.
Average high bids for special situations and timber funds increased by 11.03% and 32.44% respectively over the period.
Nigel Dawn, from advisor Evercore, discusses some of the ways in which GPs can strategically access the secondaries market to actively manage their portfolios, as well as LPs' familiarity with asset sales.
In this second part of our Q&A with law firm Proskauer, Mike Suppappola and Kate Simpson discuss the use of special purpose vehicles in structured secondaries and treading a fine line in fund restructurings and recapitalisations.
Anand Damodaran joins from Ropes & Gray and will focus on areas including fund structuring and secondaries deals.
In this extract from The Secondaries Market, Brian Mooney and Jeremy Joersz of Greenhill Cogent discuss the changing buyer landscape, the increase in GP-led deals and where the market will go next.