Antoine Drean, a prominent figure in the private equity (PE) world with over three decades of experience, has indicated a greater commitment to Palico, where he currently serves as Chairman. This comes after the sale of his other venture, Triago, to Houlihan Lokey Private Funds Group. Palico stands out as a leading digital secondary marketplace for the sale and purchase of smaller private capital fund stakes. With Drean’s increased participation, Palico is expected to further its mission by advancing the automation of transactions in the PE secondaries market, making strides in efficiency and lower fee structures. The move is also poised to benefit Limited Partners (LPs) by offering a robust tool for managing their portfolios with greater competency, while General Partners (GPs) will also see advantages through the service. Drean’s reinvigorated focus on Palico aligns with ongoing shifts in the PE industry, where there is a surge of capital inflow. Palico is uniquely positioned to meet the demand for services in small private capital fund stake transactions, a segment often overlooked by market incumbents. Drean’s enhanced role is set to bring valuable insights into the evolution of PE trends, suggesting a promising future for Palico under his guidance, greatly anticipated by the General Manager, Christopher Jeffery, who remarks on Drean’s positive influence and foresees significant progress ahead.

Private Equity, Financial Technology,United Kingdom