Key Takeaways
- • HighVista Strategies, a $14 billion Boston-based alternative asset manager, hired Ramit Malhotra as a principal on its GP-led secondaries team based in New York, bolstering a unit launched earlier in 2026.
- • Malhotra brings deep secondaries expertise from CPP Investments (Canada Pension Plan Investment Board), where he was a principal on the private equity secondaries team, plus prior experience at Spring Bridge Partners, Credit Suisse, and Wells Fargo.
- • HighVista's GP-led secondaries strategy, led by managing director Raudel Yanez, targets lower middle market opportunities through secondary acquisitions and continuation vehicles.
- • The hire follows the recent addition of Michelle Santos as vice president on the team, signaling HighVista's commitment to scaling its secondaries capability amid broader institutional demand for alternative asset exposure.
Summary
The hiring is part of a broader staffing build-out at HighVista's secondaries practice, which the firm launched earlier this year under the leadership of Raudel Yanez, managing director and head of private equity secondaries. Malhotra's addition follows closely on the appointment of Michelle Santos as vice president to the same team. The strategy specifically targets GP-led secondaries and continuation vehicles operating in the lower middle market segment, a focus area increasingly attractive to institutional investors seeking liquidity and exposure to proven portfolio companies.
HighVista, founded in 2004 and employee-owned, manages $14 billion across private markets, public markets, and multi-asset alternatives. The firm's expansion into dedicated GP-led secondaries reflects the sector's growing maturity and institutional capital demand. Raphi Schorr, deputy chief investment officer at HighVista, oversees the broader private markets platform. The timing of these hires underscores positioning in a market segment where GPs increasingly pursue secondary solutions to optimize fund returns and extend holding periods in favorable portfolio companies.
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