Australian private equity fund-of-funds manager Quay Partners has expanded its United States team with the appointment of Jeffrey Reed as partner in its San Francisco office.
Reed joins the firm from Pantheon, where he worked for 12 years.
He has 15 years of private equity experience, of which 11 years was dedicated to secondary investments at Pantheon.
Reed has also worked at Callan Associates, where he provided investment consulting services.
"I am delighted to welcome Jeffrey to our California office at a time where we see renewed interest in private equity, especially through the advisory services model," Quay Partners US-based partner Ian Deas said.
"Jeffrey was an integral part of the Pantheon US secondary team during my tenure there and together we completed over $1 billion in highly successful secondary transactions."
Quay Partners was founded in 2001 by former Macquarie Bank private equity director Stephen White and former Pantheon head of Asia-Pacific operations Geoff Norman.
The firm's clients include large Australian superannuation funds, including AGEST and Telstra Super.
Clients have individual commitment sizes ranging from $5 million to $100 million.
Quay Partners has about $1 billion in assets under management.
