The Institutional Limited Partners Association chief executive questions whether the industry is equipped to serve a more demanding clientele.
Delaney Brown has overseen a secondaries team, led by Dushy Sivanithy, that joined the buyside of the single-asset market last year with a $1bn deployment target.
The preferred equity specialist has grown rapidly since its formation in 2015.
Aquilius founder Bastian Wolff spent 15 years at Partners Group, including most recently as head of Asia private real estate, while fellow founder Christian Keiber was previously a managing director in Blackstone’s Asia PE team.
The industry veteran is joining the New York-based credit shop as it closes its first institutional private fund.
Sabina Sammartino joins as the advisory unit of Japanese financial services conglomerate Daiwa Securities continues to build up its secondaries capabilities.
The investment bank's capital solutions team has advised on around $68bn of secondaries, direct and co-investment transactions.
Investing in private debt fund stakes and assets would be a natural extension for the firm, chief investment officer of wealth and asset management Julian Salisbury tells Secondaries Investor.
Opportunities abound for young talented women in the secondaries industry due to the diversity of the job itself, according to the senior managing director.
The move is the latest in a slew of relocations in the space, as both established and new players look to add talent.