Selling investors earned a significant return on their investment, with many, including Georgia Oak, rolling stakes into a continuation vehicle. Similar secondary market deals are expected.
The directs team will broaden the business beyond its booming U.S. core, while Becker is focusing exclusively on enhancing Triago’s strong DACH operations.
Pete Purcell, the head of the San Diego office, is one of three new hires in an ongoing expansion that has seen staff rise 33 percent since 2021.
Swain will oversee greater integration across private equity capital raising, secondary operations and strategic advisory at a time of growing overlap between Triago’s expanding businesses.
The creation of the Triago Advisory Board further enriches Triago’s expertise and complements expansion that has seen team numbers rise 29 percent across all businesses, geographies and seniority levels in the past 12 months.
The target of the standalone deal – done outside of a traditional PE fund structure – is the Clean Technologies business of NYSE-listed materials group DuPont de Nemours, Inc.
Valerie Auffray joins as a Partner based out of the firm’s London office. Matt Swain and Victor Quiroga, based in New York, have been named Co-Heads of the Americas. The post, with cross-business responsibilities, is a newly created position.
Hired as Partner and head of the group’s Dubai office, Khuram Maqsood will lead Triago’s ongoing expansion in the Middle East across all activities - private equity fundraising, secondary sales of private equity fund stakes, and strategic advisory of all types for private equity managers and investors.
Nicolas de Nazelle's wide ranging views on COVID-19's challenges for PE in both the primary and secondary markets.
By Mathieu Drean (Guest column for Private Equity International). Mathieu is managing partner in charge of global secondaries at private equity fund advisory Triago. He closed his first secondary transactions in the late 90s using faxes and surrounded by boxes of Xeroxed financials.