London, 8th December, 2014 – The Park Hill Group, a division of Blackstone (NYSE:BX), today announced that Sandro Galfetti has joined its secondary advisory business as a Principal based in London. This business delivers liquidity, structuring and capital solutions to private equity investors and managers globally.
Mr. Galfetti has over twelve years of experience in private equity and financial services. Prior to joining Park Hill, Mr. Galfetti was a Director with Capital Dynamics' secondary investment team in London and New York and before that, with the firm’s structured solutions group in Zug (Switzerland). Prior to Capital Dynamics, he was a structured credit underwriter with Swiss Re Financial Services in Zurich and London. At Park Hill, Mr. Galfetti will contribute to the rapid expansion of a global team that has become a leading advisor to the private equity industry.
Larry Thuet, a Senior Managing Director at Park Hill, said, “We are delighted that Sandro has joined us. He brings a strong tenure as a secondary investor, insight of private equity and extensive experience in resolving needs of financial institutions. Sandro will complement our team, which collectively has over 60 years of experience and completed $27 Billion in volume of secondary transactions.”
Sandro Galfetti added, “Park Hill’s secondary team has become a thought leader in the marketplace and belongs to an unrivalled platform from which to provide integral solutions to clients. Be it limited partners looking to rebalance their holdings, funds needing to resolve misalignment of interests, maximizing asset value or raising additional capital, Park Hill has one of the best and broadest networks. I am excited to be part of a group that is making a strong contribution to the industry.”
About Park Hill Secondary Advisory:
Park Hill Secondary Advisory practice delivers solutions to clients seeking portfolio liquidity, unfunded commitment relief and investments in secondary interests. The practice is fully integrated with the broader Park Hill Group, leveraging a global network of relationships to deliver superior results across multiple asset classes. Park Hill is an affiliate of The Blackstone Group L.P. Further information is available at www.parkhillgroup.com.
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