After 18 years with the firm, Cirella is calling it a career at the end of the year.
Teams will fall under joint leadership, with industry vet Jeff Johnston as head.
More firms also could use garden leave to try to keep employees from going to competitors.
The firm opened its new office earlier this year and plans more hires
The private credit manager also opened a new office in Dubai.
As more GPs seek alternatives to traditional exit paths for their older investments, continuation funds have grown more popular for certain assets.
The service provider is focusing on expanding in markets around the world.
Fund administrator aims to help sponsors struggling to find suitable finance chiefs, and it landed a former GP CFO who is joining the offering’s team.
The fund administrator brought on a former Gen II principal to build out its credit practice.
The law firm hired a former in-house VC general counsel and a law firm partner for its private funds group.