Scott Conners, who has been a partner at secondaries firm Landmark Partners for 22 years, retired on June 30, spokeswoman Emily-Jane Finigan confirmed.
Landmark is not directly replacing Conners, who co-managed its private equity secondaries team. The firm’s private equity practice is led by four partners: Ian Charles, Barry Miller, James McConnell and Bob Shanfield.
The Simsbury, Connecticut-based firm is led by Chairman and Managing Partner Francisco Borges and President and Managing Partner Timothy Haviland.
It’s not clear why Conners decided to retire from Landmark, where he had been a partner since July 1993, according to his LinkedIn profile. Buyouts was unable to learn his age.
Conners will spend time working on various philanthropic efforts, a person with knowledge of the situation said. Conners lists his status on LinkedIn as: “Retired and enjoying time to pursue personal interests and family.”
Landmark earlier this year announced the closing of its 15th private equity secondary fund on $3.25 billion, beating its initial $2.5 billion target. The firm also closed its seventh real estate secondaries fund on $1.6 billion in May, the firm said in an announcement.
Last year, Landmark bought a portfolio of LP interests out of the Lehman Brothers bankrutpcy estate valued between $500 million and $600 million.
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