Perella Weinberg Partners is set to cut almost 10% of its global workforce, including around a dozen partners, as it redirects resources toward stronger-performing business areas, according to a report by Bloomberg citing an unnamed person familiar with the matter.

MiddleGround Capital has announced a series of firmwide promotions, including the elevation of Roland Veldhuijzen van Zanten (pictured) to Managing Director, as the operationally focused investor continues to scale its European and North American investment platform.

Advent International has appointed Patricia Cross, AM as an Operating Partner for its Australia and New Zealand business, strengthening its senior advisory capabilities across the region as it continues to expand its portfolio support function.

KKR has appointed Masahiro Shuto, a former president of Morgan Stanley Investment Management’s Japan arm, as a managing director and head of its Japan capital markets business, according to a report by Bloomberg citing an internal company memo.

Golub Capital is restructuring its senior leadership for the first time, naming David Golub (pictured) as co-chief executive officer alongside his brother Lawrence Golub, while also introducing a multi-co-president framework as the private credit firm expands its management bench, according to a report by Bloomberg.

Hunter Point Capital says a prolonged slowdown in private equity dealmaking is reshaping the industry’s talent market, with professionals from larger firms increasingly exploring opportunities at more active boutique managers, according to a report by Bloomberg.