Deeply Experienced & Complementary Team
New 2ND Capital has built a Senior Investment Team that brings together deep and complementary experience in secondary investing, direct private equity investing and general partner underwriting—all of which we believe are essential to successfully executing Special Situations Secondary Transactions.
Mr. Hektor is the founder and a Partner of New 2ND Capital and is responsible for firm management. Prior to New 2ND Capital, Mr. Hektor spent eighteen years at AlpInvest Partners (and its predecessors) where he founded, built and led the firm’s secondary program, starting with a single employee and ending his tenure with approximately 25 investment professionals and over $8.5bn of capital invested. Throughout his tenure at AlpInvest Partners, Mr. Hektor has served in many roles, including Member of the Operating Committee, Observer on the Board and Chairman of the Global Investment Committee where he oversaw investments made by the secondary, primary funds and co-investment groups. Prior to AlpInvest Partners, Mr. Hektor was a direct private equity investor at Parnib after starting his career at De Nationale Investeringsbank. Mr. Hektor has a Dutch Law Degree and a MSc in Business Economics from Erasmus University Rotterdam.
Mr. Bradley is a Partner of New 2ND Capital. Prior to joining New 2ND Capital, he spent ten years at AlpInvest Partners focused on Manager underwriting and primary fund investments in the Americas. Mr. Bradley has extensive experience in Manager evaluation in the North American middle-market and has sat on over 35 advisory boards during his career. Prior to AlpInvest Partners, Mr. Bradley was an Associate Director at UBS Investment Bank in the private funds group where he focused on raising middle-market private equity funds. Mr. Bradley began his career at Goldman Sachs and received a BS in Commerce from the McIntire School of Commerce at the University of Virginia.
Mr. Townsend is a Partner of New 2ND Capital. Before joining the Firm, he spent nine years at Top Tier Capital Partners and its predecessor firm. He was a founding partner at Top Tier and helped lead the firm’s spin-out from Paul Capital. At Top Tier, Mr. Townsend headed the firm’s secondary and co-investment programs where he developed and marketed an innovative secondary strategy focused on early stage investments. Prior to Top Tier, Mr. Townsend invested private capital at GE Asset Management for the company’s U.S. pension fund and external institutional clients. Previously, Mr. Townsend spent eight years gaining managerial and operational experience at several divisional GE businesses. Mr. Townsend received a BS in Mechanical Engineering from Clemson University and an MBA from Columbia Business School.
Mr. Cole is a Partner at New 2ND Capital. Prior to joining New 2ND Capital, he spent three years at AlpInvest Partners on the secondary team where he worked with Mr. Hektor. At AlpInvest Partners, Mr. Cole diligenced and helped execute a variety of transactions including spin outs, restructurings, secondary directs and traditional LP purchases. He began his career at UBS Investment Bank. Mr. Cole received a BS in Commerce from the McIntire School of Commerce at the University of Virginia and an MBA from Columbia Business School.
Ms. Merli is CFO at New 2ND Capital. Prior to joining New 2ND Capital, she served as CFO, CCO and Head of Investor Relations at Snow Park Capital Partners. Ms. Merli previously served as Controller at Atlas Venture. Prior to joining Atlas Venture, she was the accounting manager at Raptor Capital Management. Ms. Merli started her career at KPMG and received a BS and MS in Accountancy from Bentley University.
Mr. Hall is an Associate at New 2ND Capital. Prior to joining New 2ND Capital, he worked with Morgan Stanley Alternative Investment Partners as a Private Equity Analyst, focused on secondary transactions. At AIP, Mr. Hall helped in diligence and execution of several types of transactions, including fund restructurings, portfolio strip sales, and secondary direct single-asset deals. Prior to AIP, Mr. Hall was a member of Northwestern Mutual’s private investments team, with experience in both the US and European private debt and equity markets. Mr. Hall received a BBA in Finance and a BA in Chinese Language from the University of Notre Dame.
Mr. Luttrell is an Associate at New 2ND Capital. Prior to joining New 2ND Capital, he spent two years at CCMP Capital Advisors as a Private Equity Analyst focusing on the consumer and industrials sectors. Mr. Luttrell received a BBA in Finance and a BA in Economics from the University of Notre Dame.