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.
Lincoln International outlines the importance of continuation vehicles for PE sponsors seeking liquidity, extended ownership, and further value creation.
The alternatives manager also gave updates on the fundraising status of several other secondaries strategies spanning private equity, GP-leds, venture capital, and infrastructure.
He brings almost a decade of experience at Partners Group, investing across private real estate, including secondaries.
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 transaction included $140 million in equity led by Partners group, while Corebridge Financial provided $203 million in senior financing.
The former Head of Secondaries at Connaught will advise financial sponsors on GP-led secondary transactions and other liquidity solutions.
Buffery will help lead the firm's North American GP-led secondaries advisory practice.
The unit's head, Stefano Manna, who also oversaw the firm's recently launched private capital advisory business, reportedly departed last month.
