Big Moves: Ares Management Corp, Church Pension Group, Southfield Capital

The following “Big Move” items appeared in the July 21 free edition of Private Equity Career News. To get all of our Big Move! items make sure to become a member.

Big Move! Barry Griffiths, whose work led to the development of the Direct Alpha method of measuring private equity performance, launches his own research and consulting firm called Private Market Metrics, according to his Linkedin profile. Griffiths most recently served as a partner at Ares Management Corp, which he joined following its 2021 acquisition of his former employer, secondary buyout firm Landmark Partners.

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Private credit takes the hiring spotlight in soft market

With money pouring into private credit platforms, even as private equity stalls, firms that make the strategy a specialty are staffing up.

Los Angeles-based credit specialist The TCW Group, for one, is hiring a vice president and a data analyst for its private credit team, while New York City-based money manager Aksia is hiring in advance of raising money for the Calamos Aksia Alternative Credit and Income Fund.

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