



Richard Chow is a Partner in the PJT Park Hill Private Capital Solutions Group at PJT Partners (NYSE: PJT). He began his career in M&A at Salomon Brothers before moving into private-market investing and secondaries. Prior to joining PJT Partners, Chow spent five years at Paul Capital and more than four years at Abu Dhabi Investment Authority, where he managed its secondaries investment team. He later served as Managing Director at Quantum GBL, investing in U.S. alternative assets. Chow holds both an MBA and a BS in Economics from the Wharton School of the University of Pennsylvania.
Richard Chow of PJT Partners explains why buy-side investors should stop asking about the discount and start pricing what actually drives secondaries returns.