Song brings more than 26 years of industry experience spanning growth equity, middle-market, and secondaries, including continuation vehicles, direct secondaries, and structured capital transactions.
Marone will join as a Managing Director in the Private Capital Advisory team and will focus on GP-led secondaries across North America.
The former Capital One executive will join Moelis' Private Capital Advisory Group to lead promoted capital solutions as the firm expands its secondaries offering.
William Sarris's former second-in-command, Joseph Endoso, pleaded guilty in August to participating in the alleged scheme.
The new offering, Sponsor Capital Solutions, will be led by Justin Garrod, who joins as Managing Director.
The global insurer's End of Fund Life product targets the tax, litigation, and clawback risks that can delay final distributions for years, Underwriting Manager Sarah Cardiff tells SecondaryLink.
