Insurance investors now account for nearly 25% of the manager's commitments, with parent company EQT eyeing opportunities to combine primary and secondary strategies.
The transaction creates a $2.6 trillion manager spanning public and private markets, including secondaries and semi-liquid investment platforms.
The private equity veteran developed the firm's secondaries strategy, leading three transactions across tail-end portfolios, early secondary deals, and a CV.
Australian Retirement Trust and Mercer Super are reportedly joining the British resort operator's cap table.
The Swiss firm's flagship semi-liquid strategy tracks the Morningstar PitchBook Unicorn 20 Index primarily through secondaries.
Engler brings over two decades of technology experience and will lead operations and build the infrastructure behind each deal.
The transaction adds nine private equity and credit secondaries strategies to EQT's offering, while its combined evergreen platform now exceeds €10 billion in NAV.
In July, the firm closed its debut program targeting the strategy with more than $5.5 billion in capital commitments.
Pinnacle Ventures will provide angel and sophisticated investors with access to deal-by-deal venture investments in UK tech companies and pre-IPO secondaries.
The collaboration expands the Swiss bank's alternatives offering for institutional investors across multiple asset classes, including select secondary and co-investment opportunities.
