{"id":2539744,"date":"2022-12-19T07:02:00","date_gmt":"2022-12-19T11:02:00","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/bellevue-a-swiss-investment-firm-hires-experienced-partners-group-team-to-establish-new-secondaries-investment-division\/"},"modified":"2022-12-19T07:02:00","modified_gmt":"2022-12-19T11:02:00","slug":"bellevue-a-swiss-investment-firm-hires-experienced-partners-group-team-to-establish-new-secondaries-investment-division","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/bellevue-a-swiss-investment-firm-hires-experienced-partners-group-team-to-establish-new-secondaries-investment-division\/","title":{"rendered":"Bellevue, a Swiss investment firm, hires experienced Partners Group team to establish new secondaries investment division."},"content":{"rendered":"

Bellevue, a Swiss investment firm, has recently announced the hiring of a team of experienced professionals from Partners Group to establish a new secondaries investment division. This move is expected to strengthen Bellevue’s position in the private equity market and expand its offerings to clients.<\/p>\n

The new team will be led by Partners Group’s former Head of Secondaries, Philipp Schwalber, who brings over 15 years of experience in the private equity industry. He will be joined by four other senior professionals from Partners Group, including two investment professionals and two operational experts.<\/p>\n

The secondaries investment division will focus on acquiring and managing portfolios of private equity assets that have already been invested in by other investors. This includes buying out limited partners’ stakes in private equity funds, acquiring portfolios of direct investments, and providing liquidity to investors who want to exit their positions.<\/p>\n

Bellevue’s decision to establish a secondaries investment division comes at a time when the private equity market is experiencing significant growth. According to data from Preqin, the global private equity market reached a record $4.5 trillion in assets under management in 2020, with secondaries transactions accounting for a significant portion of this growth.<\/p>\n

By establishing a secondaries investment division, Bellevue is positioning itself to take advantage of this growth and provide its clients with access to a wider range of private equity investment opportunities. The new division will also allow Bellevue to leverage its existing expertise in the private equity market and expand its offerings to clients.<\/p>\n

In a statement announcing the new division, Bellevue CEO Andr\u00e9 R\u00fcegg said, “We are excited to welcome Philipp and his team to Bellevue. Their expertise in the secondaries market will be invaluable as we continue to expand our private equity offerings and provide our clients with access to the best investment opportunities.”<\/p>\n

Overall, Bellevue’s decision to hire an experienced team from Partners Group to establish a new secondaries investment division is a strategic move that is expected to strengthen the firm’s position in the private equity market and provide its clients with access to a wider range of investment opportunities. With the global private equity market continuing to grow, Bellevue’s new division is well-positioned to capitalize on this growth and deliver strong returns for its clients.<\/p>\n