The London-based manager has completed five tertiary transactions to date, acquiring more than $700 million in NAV across multiple private equity secondary funds.
The former Co-Head of Secondaries at Lombard Odier has over two decades of institutional private markets experience across secondaries, private equity, venture capital, and special situations.
The firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
Engler brings over two decades of technology experience and will lead operations and build the infrastructure behind each deal.
The "secondaries of secondaries" strategy targets existing investors' interests in private equity secondary funds.
Secondary Opportunities Fund VI will target buyout fund investments in the private equity secondaries middle market.
LTC Invest Fund V, which is targeting $250 million in size, is reportedly anchored by Founder and CEO Konstantin Sidrov and Revolut Chairman Martin Gilbert.
The former Reed Smith fund finance counsel advises on a full range of products, including subscription, NAV, GP, co-invest, management line, and continuation vehicle financings.
Builders Vision, iAlumbra Capital, and Sonen Capital have joined the investor base as the fund continues deploying capital.
The global impact investor's debut fund for secondaries reached a first close anchored by France's development finance institution Proparco.
