Adam Le and Chris Witkowsky

The hires come as secondaries advisory groups shift and expand, with some places growing their capabilities to meet increasing demand for transactions like continuation funds and LP portfolio sales.

The departure comes after the credit behemoth closed the acquisition of secondaries specialist Landmark Partners in June.

The secondaries advisory market is seeing high levels of turnover as new advisory and principal investing shops spring up to meet demand.

Negotiations between the financial services investor and the former PJT Park Hill secondaries head are understood to have been over what shape the business would take.