DC Advisory’s European GP-led secondaries advisory team has been disbanded following the departure of its senior leadership over the past year, marking another retreat by an investment bank from a once fast-growing segment of private markets, according to a report by the Wall Street Journal.
The report cites regulatory filings as revealing that all three managing directors in the unit have left the business within the past 12 months, most recently Sabina Sammartino. Earlier departures included L...
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