Sign In

Gordon Appell

Managing Director at PJT Partners

Gordon Appell is a highly accomplished professional with an impressive background in finance and law. He completed his Bachelor's degree in Business Administration from the prestigious University of Michigan - Stephen M. Ross School of Business. Later, he obtained a Doctor of Jurisprudence in Law from Emory University School of Law.

Appell is currently working as the Managing Director at PJT Partners, a renowned financial advisory firm. He previously served as a Director at KKR & Co. L.P. and Credit Suisse's Private Fund Division. Besides, he has also worked as an Associate at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates.

With his extensive experience and expertise in finance and investment, Appell has made significant contributions to the industry. He is a widely respected figure and has gained massive popularity in his professional career.

Highlights

Apr 18 · linkedin

Congratulations to Joe Bob Edwards, Varun Babbili and the entire White Deer team. PJT Partners was honored to have advised White Deer on the Flogistix, LP continuation fund. Many thanks and congratulations to GCM Grosvenor and the other investors participating in the opportunity. #PJTPrivateCapitalSolutions #EnergyTransition

Jan 31 · linkedin

I am pleased to share PJT Park Hill’s FY 2023 Secondary Investor Roadmap Series.

https://lnkd.in/eEKvQuwk

Secondary market volume was $115BN in 2023, a slight increase YoY, representing the second largest volume on record. LP-led transactions accounted for 52% of 2023 volume while GP-led and Structured Liquidity Solutions transactions accounted for 42% and 6%, respectively. New secondary funds, eager to deploy capital, focused deployment on large diversified LP portfolios consisting of high-quality managers.   The GP-led market continued to be utilized by a growing number of sponsors at an increasing pace. While the GP-led share of overall volume decreased versus the previous year, the total number of closed transactions, particularly in the middle-market, increased to near record highs. That momentum, coupled with the closing of several scaled transactions in the fourth quarter, sets up a robust 2024 forward market pipeline comprised of GP-led transactions across the spectrum.   Please see below for our top five predictions for the secondary market in 2024:   1.      Record Secondary Market Volume ($135BN+) 2.      15+ Scaled New Entrants on the Secondary Buyside 3.      Continued Realizations of FCVs at >2.5x Net MOIC 4.      A Wave of Secondary Buyers will Utilize Secondary Sales to Generate Liquidity 5.      Increasingly Blurred Lines Between LP-Led and GP-Led Technologies   We hope you enjoy the materials, and please reach out with any questions.

PJT Partners | David Perdue | Adrian Millan | Johanna Lottmann | Christopher Areson | Brenlen Jinkens | Gordon Appell | Jolie Chow |Richard Chow | Imran Hameed | Darren Schluter | Collin Zych

#secondaries #secondarymarket #privateequity #assetmanagement #alternativeinvestments #investing #limitedpartners #privateequityfirms #privateequityfunds #privatemarkets #venturecapital #data #fundraising

Related Questions

What is Gordon Appell's background before joining PJT Partners?
What specific projects has Gordon Appell led at PJT Partners?
How has Gordon Appell's role evolved since joining PJT Partners in 2021?
What are the main responsibilities of the Private Capital Solutions group at PJT Partners?
How does Gordon Appell's experience at KKR & Co. influence his work at PJT Partners?
G
Add to my network

Location

United States