To lead their newest team the firm has hired Christophe Browne, former Managing Director at ICG Strategic Equity, as Partner.
The single-asset continuation fund was reportedly backed by the California Public Employees' Retirement System, Partners Capital, and Caltech.
He joins the investment bank as Head of GP-led Advisory within its Private Capital Advisory team, led by former Jefferies colleague Matt Wesley.
The private debt veteran will focus on providing financing & liquidity solutions for sponsors, including NAV lending and continuation vehicle capital.
The former Head of Secondaries at Connaught will advise financial sponsors on GP-led secondary transactions and other liquidity solutions.
The Boston-based manager launched the strategy earlier this year, tapping former Kline Hill MD Raudel Yanez to help lead the initiative.
Buffery will help lead the firm's North American GP-led secondaries advisory practice.
The advisor welcomed former PJT Park Hill MD Bodo Krug von Nidda to the Capital Solutions Group as it continues to build out its secondaries capabilities.
The firm's second continuation fund delivers a 9.1x gross MOIC for Equip Capital Fund I's investment.
Key details emerge on the $1.9 billion continuation fund (including earnouts), which was co-led by GIC, StepStone, Apollo S3, and Neuberger Berman.
