Direct secondaries pioneer Vision Capital has lost an eight-year veteran and investment committee member from its London office.
Partner Daryl Cohen left the investment firm in the last month, a spokesman confirmed. Cohen joined Vision Capital in 2008 and began his career as an analyst in Goldman Sachs’s leveraged finance group, according to an archived version of Vision’s website.
“We are very grateful for everything that Daryl Cohen has contributed to Vision Capital and we wish him all the best in his new role,” the firm said.
It is understood Cohen is joining another private equity firm.
Financial News first wrote about Cohen’s departure.
Vison announced in July it was moving into private credit, including a focus on providing preferred equity to general partners in deals between €25 million and €500 million. While the firm will raise capital for the strategy, it plans to take a customised approach that will not be dominated by a single fund, Julian Mash, the firm’s founder and chief executive, told Secondaries Investor in August.