Jefferies ’ global head of its private capital group Matthew Wesley is departing the investment bank to join Moelis & Co. Wesley is set to take over as head of private funds advisory at Moelis, six ...
The deal came nearly three years after CalPERS closed a $6 billion secondaries sale. Lexington Partners and CVC Secondary Partners acquired portions of that portfolio.
The headline for credit secondaries is clearly its enormous growth potential. Underneath that headline, specialist strategies may provide an interesting sidebar.