#USA #Boston #GP-led secondaries #HighVista Strategies #Raudel Yanez

HighVista Strategies Expands with GP-Led Secondaries Strategy

HighVista Strategies, a prominent employee-owned alternative asset management firm, has made an exciting announcement regarding its expansion plans. On March 19, 2026, the firm revealed the appointment of Raudel Yanez as Managing Director and Head of Private Equity Secondaries. His mission is to launch a dedicated GP-Led secondaries strategy that will focus on the invigorating landscape of lower middle market private equity.

The firm perceives GP-Led secondaries, specifically continuation-vehicle transactions, as vital tools for private equity sponsors seeking flexible liquidity options while still supporting high-conviction assets. This strategic move aligns seamlessly with HighVista's history of investing in lower middle market private equity and reflects its commitment to adapting to the evolving needs of the market. The firm has identified a significant opportunity to spearhead transactions through customized sourcing methods, strong sponsor relationships, and comprehensive underwriting strategies.

Raudel Yanez steps into this role with over a decade's worth of experience in the GP-Led secondaries market. Before joining HighVista, Yanez was a senior investor at Kline Hill Partners, and he has also held positions at Spring Bridge Partners and Coller Capital. He holds an A.B. from Harvard College and an M.B.A. from Stanford Graduate School of Business.

Raphi Schorr, Deputy Chief Investment Officer at HighVista, expressed enthusiasm regarding Yanez's appointment, stating, "We’re excited to welcome Raudel to HighVista. Our investment focus has long been on identifying opportunities in inefficient markets, and GP-Led secondaries reflect that approach." Schorr emphasized that the lower middle market presents opportunities characterized by high rewards for those prepared to operate with experience and discipline.

Similarly, John Dickie, Co-Head of Private Equity at HighVista, noted, "GP-Led secondaries represent a compelling adjacency to our lower middle market private equity approach, built on two decades of experience, high-quality business underwriting, and structuring transactions for long-term value creation."

Yanez added his perspective, stating, "For private equity sponsors, GP-Led secondaries have become an essential tool for creating liquidity while continuing to back their highest conviction businesses. I look forward to leveraging my experience at HighVista and collaborating with sponsors to lead transactions focused on their best assets. Our objective is to bring about structures that uphold strong alignment with evolving investor needs."

Overall, HighVista Strategies is set to capitalize on its deep understanding of the lower middle market, integrating Yanez's expertise to enhance its capabilities in leading GP-Led secondary transactions effectively.

About HighVista

Founded in 2004 and based in Boston, HighVista Strategies LLC is an employee-owned alternative asset manager known for its focus on providing investors with high-alpha opportunities in markets characterized as structurally inefficient. The firm currently manages over $11 billion in capital on behalf of sophisticated investors globally. HighVista's culture blends inquisitive thought processes with disciplined execution, enabling it to identify and capitalize on high-conviction investment opportunities across various asset classes, including private credit, lower middle market private equity, and early-stage venture capital, as well as public markets and multi-asset alternatives.

Important Disclosure

The views and opinions expressed in this publication reflect the judgments of HighVista Strategies LLC and are subject to change. This document does not constitute an offer of advisory services or any financial instruments, and the information contains forward-looking statements that involve risks and uncertainties beyond the firm's control.