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Park Hill director departs – exclusive

Christopher Hope, who joined from Blackstone, has left the firm after nine years, Secondaries Investor has learned.

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A secondaries-focused director from Park Hill Group has left the firm, Secondaries Investor has learned.

Christopher Hope, who joined the firm in 2010 from Blackstone, left the secondaries advisory practice in April, according to two sources. His next move is unclear and Hope did not return a request for comment.

Secondaries Investor reported in March that Pablo Calo was to depart the firm after six years. He became head of secondaries advisory international in 2017 when former Morgan Stanley Alternative Investment Partners executive Jonathan Costello took over as Park Hill’s head of secondaries advisory.

In January, New York-based principal Fred Han joined Campbell Lutyens after 10 years with Park Hill. He also has secondaries advisory experience at UBS and Greenhill.

Park Hill plans to add as many as six additional secondaries professionals over the next 12 months, mainly in North America, Costello told Secondaries Investor in October. The firm had 27 staff dedicated to secondaries at that time.

The firm advised on $12 billion of deal value across 32 transactions, equivalent to a 50 percent increase in value on the previous year, according to Secondaries Investor‘s annual survey published in April.

Park Hill declined to comment.