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The ETF provider has hired Alessio de Longis to head its new Active Investments platform and Hyuk Soo Han to help lead its private equity secondaries efforts.
The recently registered interval fund, sub-advised by Barings, will target private asset-based credit investments through direct and secondary transactions.
He brings almost a decade of experience at Partners Group, investing across private real estate, including secondaries.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
The Morgan Stanley veteran will help scale the firm's business, which provides investors with access to its private markets strategies, including secondaries.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
The firm welcomed talent from OpenView Venture Partners and L2 Point Capital to support all aspects of direct and secondary deals.
The former Hamilton Lane professional joins the $1.3 trillion manager as it builds out the secondary investment capabilities of its Venture Growth Evergreen platform.
The firm welcomed Hisashi Tanaka as Head of Japan Private Wealth, within the Private Wealth Secondaries Solutions team.