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Chris Witkowsky

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Secondaries advisory has become a desired function at investment banks, and many smaller, mid-market focused financial institutions brought on secondaries talent in recent years.
The continuation fund for global life science ingredients distributor Barentz is understood to be around €850m in size.
Man surfing a wave of money
The deal is an example of the kind of complex transactions LPs can use to capture liquidity from their private equity programs at a time of slow exit activity.
Photo illustration showing businessperson following money. Searching for investment opportunity, financial success or salary raise, inspect way to make profit and earning concept, curios businessman with magnifier inspect money coins trail.
LP sales continue to drive secondaries activity as limited partners look for ways to capture liquidity from their illiquid PE portfolios amid a slowdown in distributions.
Certain characteristics help a new firm stand out in the crowded yet sluggish fundraising market, and Weymouth's firm is in position as a seeder to sort out those firms building for the future. 
In a conversation with Warburg Pincus CEO Chip Kaye, Eneasz Kadziela, the head of private equity with the New York City comptroller, said the frantic fundraising pace of 2021 was something of a burden for LPs.
A panel of LPs discuss trends and themes in private equity, including the use of secondaries to rebalance portfolios.
Two first-time managers spoke about their experiences starting their own firms and the challenges they have faced, especially trying to convince limited partners to come on board.
Capital being returned via a magnet
The firm is testing the fundraising markets that are historically tough, with limited partners being selective with their capital as they face overexposure and liquidity issues from slow distribution activity.
Many firms field investor relations groups that work with existing limited partners even between formal fundraisings.
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