Piper Sandler Adds Tim Light From Guggenheim As Managing Director Of Secondary Capital Advisory

Piper Sandler has added Tim Light as Managing Director of Secondary Capital Advisory within its Private Capital Advisory group, expanding the investment bank’s capabilities across GP-led and institutional secondary transactions. Light will be based in New York.

He will advise private equity sponsors and institutional investors on secondary market transactions, including GP-led continuation vehicles and other strategic liquidity solutions.

Light brings more than a decade of private capital markets experience working with general partners, limited partners and institutional investors.

He joins from Guggenheim, where he was a Managing Director and helped establish and grow the firm’s secondary advisory practice.

Previously, Light was a Director at Sixpoint Partners and a Principal at Greenhill Cogent, where he began his career.

The appointment adds senior capacity to Piper Sandler’s private capital advisory business as private equity sponsors and investors increasingly use secondary transactions to generate liquidity and restructure existing investments.

KEY QUOTES:

“As demand for tailored liquidity solutions continues to grow, his addition further strengthens our secondary advisory capabilities and positions us well to support the evolving needs of sponsors and investors.”

Ryan Schlitt, Global Head Of Private Capital Advisory At Piper Sandler

“The firm’s deep client relationships, integrated private capital advisory platform and collaborative culture provide a strong foundation to help clients achieve their strategic objectives.”

Tim Light, Managing Director Of Secondary Capital Advisory At Piper Sandler