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Now owned by two executives who worked together at a US financial services firm, Paris-based Fondinvest is raising its fifth secondaries fund.
AlpInvest Partners, the fund of funds arm of The Carlyle Group, has re-hired Neal Costello, who had been a senior principal at CPPIB since 2013.
The advisory firm hopes its new structure and leadership team will leave it better positioned to meet the challenges ahead.
Ronald Schweizer and Colin Mohamed have joined a growing list of executives that have left the firm over the past year.
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