More than four out of five of funds to transact in the first half of this year were 2013-vintage or newer, up from half at the end of 2019.
Citi has hired a Campbell Lutyens professional to focus on GP-led deals, directs secondaries and co-investments, Secondaries Investor has learned.
The Spanish investment firm is in market with ACP Secondaries 4 which has a €750m target.
Alan Pardee, one of three managing partners who spun out of Merrill Lynch's private fund placement team in 2009, will join a Chicago-headquartered PE firm.
Secondaries Investor reported in May that the group was to make two senior hires, including its first dedicated secondaries professional in Europe.
The investment comes from Goldman's Vintage Real Estate Partners II, which closed in May on $2.75bn.
The investment unit of Canada's largest insurer has added two secondaries professionals to its New York-based team.
Headlands Capital was founded by former Paul Capital managing partner David Park and Hoover Investment Management executive David Cost.
The once niche strategy has gained traction in the face of stiff competition from banks and debt funds, data from the advisor's mid-year report show.
Fundraising for specialised vehicles including its fifth secondaries programme helped drive revenue in the quarter to June, according to the firm's latest results.