FIRSTavenue, a global private funds placement agent and investment advisory firm, has appointed Nick Chronias, partner, as global head of the Capital Solutions Group, dedicated to servicing the growing private funds secondary market.
Based in London, Chronias was previously co-head of private placements for FIRSTavenue.
The Capital Solutions Group builds on FIRSTavenue's deep experience in private credit and private infrastructure by focusing specifically on the secondaries markets within these asset classes.
“Private credit and private infrastructure secondaries are at an inflection point, as the underlying markets mature to the point where they can support an active secondary market for LP interests and GP solutions,” said Paul Buckley, CEO and managing partner of FIRSTavenue. “In this context, we see a compelling opportunity for FIRSTavenue to provide specialized solutions to clients navigating this dynamic landscape.”