Key facts
- A&O Shearman has hired Gabriel Boghossian and Sarah de Ste Croix as global co-heads of secondaries.
- The new hires were previously with Stephenson Harwood.
- The team will be based in London.
- The move aims to enhance A&O Shearman's capabilities in the private capital secondaries market.
- The firm aims to become one of three firms with a Band 1 ranking for secondaries transactions.
A&O Shearman has significantly expanded its private capital practice by hiring a market-leading secondaries team from Stephenson Harwood. The team, which includes Gabriel Boghossian and Sarah de Ste Croix as global co-heads of secondaries, will be based in London.
This strategic move aims to position A&O Shearman at the forefront of the rapidly growing secondaries market within private capital. The firm stated that the addition of this team is a transformative step for its private equity and wider private capital platform, enabling it to offer comprehensive solutions across continuation vehicles, LP portfolios, GP stakes, and other liquidity solutions.
According to A&O Shearman, the firm's clients have expressed a need for leading secondaries capabilities, and this hire is a direct response to that demand. The firm anticipates that this expansion will allow it to capture new opportunities and help clients navigate the increasingly sophisticated global secondaries market. Boghossian noted that the move represents a strategic bet on the market's growth, providing the team with significantly more firepower and reach across all asset classes and jurisdictions.