Sports investor Otro Capital hires PJT Park Hill to raise debut fund

Otro Capital, launched last year by former executives at RedBird Capital Partners, has hired placement agent PJT Park Hill to raise its debut fund.

News of the hiring comes in regulatory forms for Otro Capital Fund I-A LP and a related fund filed by the 11-year-old, New York City-based sports, media, gaming and entertainment investor.

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Industry veteran launches advisory firm for emerging managers, LPs

Kelly DePonte, who spent more than 31 years in private equity as a limited partner, as an advisor to LPs and as a placement agent, has opened up his own advisory firm to work with both GPs and LPs.

DePonte (pictured) launched Bennington, Vermont-based Kelly DePonte Advisory LLC after retiring late last month as managing director and head of research at San Francisco-based placement agency Probitas Partners. He remains a senior advisor with the firm.

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Big Moves: Kentucky PPA, Missouri LAGERS, CalPERS

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Big Moves: Audax Private Debt, Housatonic Partners, Brown Gibbons Lang

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