Hong Kong
Secondaries are assuming an increasingly central function within private markets.
The market’s evolution beyond traditional LP‑led transactions, driven by the expansion of GP‑led portfolios and single‑asset continuation vehicles, is reshaping the opportunity set and introducing new considerations around underwriting, alignment, and governance.
We are convening a roundtable to share practical perspectives on the expanding secondaries opportunity set across Private Equity, Private Credit and Infrastructure, with a focus on how secondaries are being deployed, structured and the implications as the market continues to scale, evolve and mature.
André Aubert (Swiss) is a Partner at LGT Capital Partners in Pfaeffikon, Switzerland. He is responsible for the Secondaries team and is a member of the private equity Global Investment Committee for secondary transactions. He has an additional focus on infrastructure activities.
Prior to joining the firm in 2005, Mr. Aubert was a principal at Index Ventures, a pan-European venture capital firm, which he joined in 1999. At Index Mr. Aubert focused on investment opportunities in the communications, semiconductor and embedded software sectors. Prior to joining Index, Mr. Aubert worked as a consultant for McKinsey & Company in the Zurich and Geneva offices, primarily in the telecommunications and banking sectors. Before that, he worked as a research assistant in the telecom laboratory of the University of Tokyo in Japan.
He holds an MSc in Telecom Engineering from the Ecole Polytechnique Fédérale de Lausanne, an MSc in Electrical Engineering from Duke University and an MBA from INSEAD. He is fluent in English, French and German.
Thomas Kyriakoudis (British) is a Partner at LGT Capital Partners in London, and is the co-head for our Private Credit Solutions team. He is responsible for origination, due diligence, execution and monitoring of private credit transactions.
Prior to joining the firm in 2021, Mr. Kyriakoudis was a Partner and CIO at Permira Credit, one of Europe’s largest private credit managers. As one of the two initial partners, Mr. Kyriakoudis helped to build the business from the ground up to around EUR 10 billion in assets under management. During his 13 years at Permira, Mr. Kyriakoudis was a member of all Permira Credit Investment Committees, founded the structured credit business, was co-portfolio manager of the CLO business and led a significant number of direct lending transactions. Prior to Permira, Mr. Kyriakoudis worked on the structured credit trading desk of Morgan Stanley in London.
Mr. Kyriakoudis holds an MA in Business Administration from the London Business School and an MSC in Engineering from Cambridge University.
Jetro Siekkinen (Finnish) is a Partner at LGT Capital Partners in Pfaeffikon, Switzerland. He is responsible for the Emerging Market Fixed Income team.
Mr. Siekkinen has long-standing expertise in emerging market debt and currencies since 1998. Before joining the firm in 2021, he was with Aktia Asset Management for over 15 years where he was responsible for the Fixed Income Portfolio Management team, management of the portfolio, and development of Aktia’s fixed income mutual fund platform. Prior to that, he worked at SEB on the strategic sell-side and with Nordea and Sampo Banks on the fixed income sales teams.
Mr. Siekkinen holds an MA in Economics from Tampere University. He is fluent in Finnish, English and Swedish.
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