Michael Baruch
The CalPERS sale is among a slew of traditional LP portfolio sales to hit the market since the fall, with prices high and buyer interest piqued by more diversified investments.
A frenzied mid-market deal environment is affecting the way GPs are pursuing targets with shorter processes and more upfront spend on due diligence.
The advisory firm looks to bolster its ranks in a competitive skilled labour pool in key sectors and geographies to capitalise on continued covid recovery momentum.