Recruitment & Retention

Brey Jones and John McGuinness have formed Thirdpath, an advisory shop focused on constructing customised private equity and private credit portfolios for institutions.

SMBC has appointed Louis Stride to lead its EMEA private markets capital formation business amid a wider strategic plan.

Fund allocators such as Goldman Sachs’ External Investing Group and Allianz Global Investors are increasing focus on rising private debt GP consolidation.

For complex special situations, liability management and restructuring matters of R&G clients.

Private credit is the ‘centre of gravity’ for capital formation labour markets, according to Jensen Partners.

The incumbent has left the Hong Kong-based firm, which has a $46.5bn investment portfolio, after a seven-year tenure.

The firm said credit secondaries are currently heavily undercapitalised.

The local government pension scheme pool, with over £50bn of committed client fund capital, is expanding its investment capabilities ahead of seven more funds joining its pool.

The Goldman Sachs veteran has taken on the role after a year as a strategic adviser and decades in wealth management.

After EMEA and, reportedly, APAC, the Americas gets an insurance honcho.