Capital formation activity was in focus this week as private credit and private equity firms pursue asset growth this year.
Firms hiring for business development roles include Beach Point Capital Management and Dawson Partners. In private wealth, Cliffwater and Vanguard were among those adding fundraising roles.
Industry giants also busy. Ares Management promoted longtime executive Peter Ogilvie to an expanded role as COO and head of strategy, and KKR added to its private wealth team.