Proskauer’s co-head of secondaries, Bruno Bertrand-Delfau, first encountered the asset class as a senior associate in 2003.
A client wanted liquidity from a portfolio of assets, and the partner handed him the matter, seemingly uninterested in what they viewed as a small and strange transaction. ‘The partner was an expert in large public takeover mandates. He asked me to deal with it on my own, and so I did,’ he says.
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