William Blair, a boutique with expertise in investment banking, has launched its Private Capital Advisory practice.

The practice expands William Blair’s platform to offer clients fund placement, direct equity capital-raising and secondary services. William Blair’s investment banking group enables corporations to achieve their growth, liquidity, and financing objectives. From 2017 to 2021, William Blair’s investment banking group advised on over $680 billion in completed transaction volume.

As a part of the launch of the firm’s Private Capital Advisory practice, William Blair has added Mike Custar as a managing director and head of Private Capital Advisory. Additionally, Quinn Kolberg and a team of secondaries experts, who will be responsible for GP-led secondaries, will join the practice.

“William Blair’s deep sector knowledge, execution excellence, buyer and investor relationships, and extensive global reach delivers a valuable platform to financial sponsors,” said Brandon Lower, head of financial sponsors group at William Blair. “The addition of Private Capital Advisory enables us to provide financial sponsors with holistic solutions tailored to their unique needs and address all stages of the private equity lifecycle. Mike and Quinn share our vision of being the most trusted advisor and partner to private equity firms and the management teams at their portfolio companies. We are excited to have them join our world-class team.”