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Who's Moving Where In Wealth Management? - Payne Hicks Beach, Rothschild & Co, IQ-EQ, Others
Editorial Staff
11 January 2021
Payne Hicks Beach “The market for secondary transactions led by private equity houses has evolved rapidly in the last year and significant further growth is expected as private equity sponsors look for new solutions to hold on to assets for longer. The establishment of a dedicated secondaries team will further broaden Rothschild & Co’s capabilities for our private equity clients as the market for private capital continues to evolve. We look forward to combining the skills of the new team with our deep sector knowledge for the benefit of our private equity and broader client base,” Robert Leitão, managing partner of Rothschild & Co, said.
London law firm, has appointed Andrei Brougham and Alvaro Rosado to join its global advisory business in London as managing director and director respectively.
Brougham and Rosado will form part of a specialist team within equity advisory focusing on sponsor-led secondaries transactions. They will work closely with Rothschild & Co’s global sector and private equity coverage teams to offer a wider range of private capital solutions to clients.
(The term “secondaries” in the private equity space refers to buying and selling pre-existing investor commitments to private equity and other alternative investment funds.)
Brougham and Rosado, who were previously part of the secondaries team at PTJ Parkhill, bring significant experience to the origination and execution of a range of private equity-related transactions, advising sponsors on liquidity solutions and on a range of portfolio level transactions.
The men are expected to join Rothschild & Co in the second quarter of 2021.
IQ-EQ
Investor services group , part of the Quintet family of European private banks, has appointed Rehana Hasan as head of legal. Based in London, Hasan will report to Rachel Macfarlane, group head of legal, and to Alan Mathewson, Brown Shipley CEO.
Hasan will be responsible for managing the Brown Shipley legal team; she will also be a permanent attendee at the UK executive committee and board meetings.
Prior to this, Hasan was at Tilney, where she spent eight years as group general counsel and company secretary. She played a significant role in the company, including recently advising on its merger with Smith & Williamson. Previously, she was group general counsel at Towry, prior to its merger with Tilney. Before this, she served in legal roles at WorldSpreads and at Duke Street Private Equity.