The London-based retail real estate manager’s sale of a six-property portfolio will allow investors in its Pradera European Retail Fund 2 to fully exit the vehicle.
The firm is understood to have almost fully invested its $7.15bn seventh fund and is likely to raise new capital later this year.
The Swiss firm has raised €300m to invest in the smaller end of the market, seeking a net IRR of 20%.
The promotions are to the role of counsel, which is equivalent to the role of salaried partner, the firm said.
Sameer Shamsi, who left the advisory firm in March, has joined the investment bank's private fund group in New York, Secondaries Investor has learned.
Sebastien Burdel and Luca Salvato, who left the secondaries firm last year, are attempting to raise a restructurings-focused fund, Secondaries Investor has learned.
Generation Mature Secondary FoF will target stakes in European and US private equity funds.
The deal involves five European renewable and concession-based assets from the infrastructure manager's first fund.
The sale is at least the second between the Universities Superannuation Scheme and the investment firm as the UK pension faces a growing liabilities deficit.
Primary and secondaries market players are keeping a keen eye on the process involving the firm's €4.3bn 2008-vintage fund.