Madeleine Farman
Greenhill's private capital advisory unit, which advises on LP and GP-led secondaries transactions, will be included in the acquisition.
The firm, which closed its Pantheon Credit Opportunities Fund II in May, sees around 70% of dealflow coming from LPs, according to global head of private credit Rick Jain.
Secondaries Investor speaks with Marc Lipschultz, co-founder and co-president of Blue Owl, on the back of its appointment of a former Goldman Sachs partner to lead the strategy.
David Overton will be joined by two investment professionals who will relocate from the secondaries firm's Switzerland headquarters.
Dominik Woessner joins from GP advisory firm Thrive Alternatives, where he spent two years as a managing director.
Oakley is seeking to continue its hold of German university group IU Group, which it initially backed in 2017.
The average number of secondaries transactions advised on sat at 24 in a year where overall secondaries market volume was estimated at around $110bn.
The launch comes as Ares is set to mark the two-year anniversary of its acquisition of Landmark Partners.
LP-led mosaic transactions appear to be a common feature in the market today; expect them to remain for the foreseeable future.
Presenting the second instalment of Second Thoughts, a special series from Secondaries Investor that delves into the latest trends affecting the fastest-growing market in alternatives.