Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
The bank's alternative investment partners unit closed its debut vehicle focusing on complex deals just over one year ago.
The niche secondaries firm is seeking up to $600m for its third secondaries programme.
The asset manager raised $2.8bn for its previous fund, which was 93% committed as of the end of June 2019.
Trustees of the £250bn Nationwide Building Society's pension turned down the chance to invest in a secondaries fund because they saw it as an unnecessary 'intermediary'.
The firm has held a first close on its fifth fund, which is targeting $1.75bn.
The world's second-largest secondaries firm, Lexington Partners, is moving to Park Avenue.
Dividend recaps and back-levered preferred equity are among the trends to emerge in the past year, according to a survey obtained exclusively by Secondaries Investor.
Secondaries Investor reported in October that Rothschild's Five Arrows unit was leading the stapled deal.
The promotion, one of four at the firm, comes as the investment firm seeks over $1bn for its fourth flagship.
Charlie Bott joins the firm's global advisory board, having retired from the UK buyout manager in 2018.