Partners Capital Appoints Andy Canovali as Managing Director, Head of Secondaries
Partners Capital Appoints Andy Canovali as Managing Director, Head of Secondaries
NEW YORK--(BUSINESS WIRE)--Partners Capital Investment Group (“Partners Capital”), a global Investment Office, today announced the appointment of Andy Canovali as Managing Director, Head of Secondaries and Sarah Condon as a Senior Associate supporting the Secondaries investment efforts on a dedicated basis.
“Secondaries markets are evolving rapidly and present compelling opportunities for our clients,” said John Beil, Head of Private Equity & Real Estate at Partners Capital. “Adding a dedicated team led by seasoned investors like Andy and Sarah meaningfully deepens our capability set and allows us to capture the full breadth of GP-led, LP portfolio and structured solutions emerging in today’s market. This strategic investment in talent enhances our ability to source opportunities and generate returns for our clients.”
“We are thrilled to join Partners Capital and are excited to combine the firm’s global reach and deep investment expertise to capitalize on the attractive opportunity set we continue to observe in the private equity secondaries market for the firm’s distinguished client base,” said Andy Canovali.
Andy Canovali joins from Performance Equity Management, a Sagard partner, where he built and led the firm’s secondaries investment team. Previously, Andy spent six years in Goldman Sachs Asset Management’s Private Equity Group and began his career in Credit Suisse’s M&A Advisory Group. He holds a BS from the University of Pittsburgh.
Sarah Condon was most recently a Senior Investment Associate on the secondaries team at Performance Equity Management, a Sagard Partner. Previously, she spent three years in Goldman Sachs Asset Management’s Private Equity Group. She holds a BA from Johns Hopkins University.
About Partners Capital
Founded in 2001, Partners Capital is a global Investment Office acting for distinguished endowments and foundations, senior investment professionals and prominent families across the globe. With over $60B in assets under management as of year-end 2024, the firm constructs customized investment portfolios for its clients tapping into its deep network of partnerships with what it considers exceptional asset managers across all major asset classes. The firm employs more than 370 people across its eight offices located in New York, Boston, San Francisco, Dallas, London, Paris, Singapore and Hong Kong. For more information on Partners Capital, please visit: www.partners-cap.com.
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