The Park Hill Group -- a division of Blackstone Group (BX) -- announced that Pablo Calo will join its secondary advisory business as a managing principal.
The secondary advisory business delivers liquidity and capital solutions to private equity investors and managers.
Calo will use his 16 years of private equity experience toward his new position. Most recently, Calo was the head of European Private Equity Secondaries at PineBridge Investments.
Prior to this, Calo spent nine years at AIG Capital Partners (AIG).
He added, "Pablo will complement our team, which collectively has almost 80 years of experience and completed $11.5 billion in volume of secondary transactions."