Jarid Colucci joined the Swiss bank’s private funds group in New York as a director in November, according to two sources familiar with the matter.
Colucci joins a team of 15 professionals working on secondaries at UBS, it is understood.
Colucci spent four years at Goldman Sachs AIMS private equity where he was a vice-president focusing on real estate and private equity secondaries in the bank’s Vintage programme, according to his Linkedin profile.
Goldman is investing its Vintage VII fund which has surpassed its $5 billion target and had collected just over $7 billion as of June, according to PEI data.
UBS and Goldman Sachs declined to comment.