FIRSTavenue Announces Expansion of Capital Solutions Group with Key Hires from Tradition Private Markets Secondaries Team

June 2024

London/New York, 5 June 2024 - FIRSTavenue, a leading global private funds placement agent and investment advisory firm specialising in private credit, real assets, private equity, and associated capital solutions, is excited to announce the expansion of our Capital Solutions Group.

Joining the team are:

Maulik Patel as Managing Director and Head of Private Market Secondaries, based in our London office.
William Arnold as Managing Director, based in our London office.
John Corley as Director, based in our New York office.
Badran El-Farzazi as Vice President, based in our London office.

Maulik Patel and his team collectively bring over 40 years of experience in secondaries deal-making, encompassing both LP-led and GP-led transactions globally. Their extensive expertise and strong relationships with limited partners will enable FIRSTavenue to better meet and surpass the evolving needs of its GP clients. The new hires will enhance the firm's secondary capabilities, ensuring that FIRSTavenue continues to provide top-tier solutions to its clients.

Paul Buckley, Managing Partner and Co-Founder of FIRSTavenue, said: "We are excited to announce a significant expansion of our secondaries team, which will enhance our ability to provide comprehensive investment solutions to both our GP and LP clients. The secondaries market continues to scale and expand into new areas – notably private credit and private infrastructure. There are strong parallels here to the development of the derivatives market alongside public debt and equity markets from the 1980s. Like the derivatives markets, the private fund secondaries market is expected to have a material and lasting impact on the underlying primary fund placement market.”

To learn more about FIRSTavenue, please contact Paul Buckley at pbuckley@firstavenue.com.

About FIRSTavenue

FIRSTavenue is a leading independent global placement agent and advisory firm specialising in private credit, real assets, private equity, and associated capital solutions. Since the firm’s inception in 2006, it has raised more than $30 billion of capital commitments on behalf of its clients. The firm maintains a global presence and a team of over 40 professionals across its headquarters in London and offices in New York, Hong Kong, and Hamburg. FAP USA, L.P. is a member FINRA/SIPC.

For more information on FIRSTavenue, please visit www.firstavenue.com.

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