The private equity veteran developed the firm's secondaries strategy, leading three transactions across tail-end portfolios, early secondary deals, and a CV.
A key architect of the firm's secondaries strategy and broader private markets business, Gruber will succeed Roberto Paganoni in January 2027.
Insurance investors now account for nearly 25% of the manager's commitments, with parent company EQT eyeing opportunities to combine primary and secondary strategies.
The PE secondaries specialist has welcomed K1's Kellen Haines as Managing Director and Blackstone's Kassy Haleen as Director, Capital Formation.
The transaction creates a $2.6 trillion manager spanning public and private markets, including secondaries and semi-liquid investment platforms.
"Our clients have told us that they need market leading secondaries capability. We listened," said UK Managing Partner Denise Gibson.
The former Freshfields Global Co-Head of Private Funds and Secondaries will advise on secondary transactions and related liquidity solutions, including CVs, LP portfolio sales, and recapitalizations.
Engler brings over two decades of technology experience and will lead operations and build the infrastructure behind each deal.
CVC Capital Partners' former Co-Head of TMT Europe joins as a Partner to help execute GP-led opportunities for the secondaries specialist.
The newly established three-person team will focus on backing late-stage tech businesses across the European venture ecosystem.
