Post by Chris Witkowsky

People movers in Secondaries: Moelis & Company continues to build up its advisory team under Matthew Wesley. As the #privateequity secondaries market is poised to emerge from a Q2 lull (especially on the LP sales side), Moelis has brought on LP-led talent with the hiring of Evercore exec Zachary Herr, who will help lead the LP-led sales focus. He is joined by Sam Aden and two associates. We understand that deals slated for earlier this year that did not launch are being reconfigured (with a particular focus on software exposure) and many will likely be launched over the next few weeks. Several secondaries market sources say they believe activity will pick up into Q3 as sellers push to get deals done by year-end. Read my story with Madeleine Farman on Secondaries Investor: https://lnkd.in/grGEXUxH