A podcast about the business of raising and allocating capital in private markets. In private markets, a re-up is the decision to recommit — the ultimate signal of trust. Hosted by Katie Fasken of August Advisors.
Katie Fasken is the founder of August Advisors, a Toronto-based placement firm connecting exceptional private investment managers with institutional capital. Over more than a decade in institutional capital raising, she has advised on mandates spanning private equity, credit, real estate, and infrastructure. She sits at the intersection of Canada's largest LPs and the world's top-performing GPs — and hosts The Re-Up to bring those conversations forward.
Anastasia Elia is Managing Director and Head of Private Equity at IMCO — the Investment Management Corporation of Ontario — where she leads the private equity team and sets the strategic direction for the asset class, building the portfolio across fund commitments, co-investments, and direct deals, along with the strategic partnerships behind them.
She joined IMCO in 2021 and has more than 15 years of investment experience across public and private markets. Before IMCO, she spent 11 years at CPP Investments, leading deal teams on fund manager evaluation and direct investments and running legal negotiations across growth and buyout opportunities in North America and Europe.
Anastasia holds an MBA from the Rotman School of Management at the University of Toronto, a BBA from the University of Toronto, and is a CFA charterholder.
Elizabeth Bell is a Managing Director and Co-Head of Real Estate on the Real Assets team at Hamilton Lane, where she leads due diligence across primary, secondary, and co-investment opportunities and sits on the Real Asset Investment Committee. The firm's real estate program spans roughly $114B, deploying $2.5–3B a year across funds, secondaries, co-investments, and joint ventures.
She has spent about 20 years in real estate private equity. Before joining Hamilton Lane in 2022, she was a Managing Director at Jaguar Growth Partners, leading Latin American real estate private equity investments. Earlier roles included Investment Manager on Aberdeen Asset Management's Property Multi-Manager team, Vice President at Equity International investing in emerging-markets real estate companies, Associate at JER Partners, and investment banking analyst at Deutsche Bank.
Elizabeth holds an MBA from the Wharton School and an A.B. from Princeton University.
Jack is the Founder and Managing Partner of Incline Equity Partners, a Pittsburgh-based private equity firm focused on the middle and lower-middle market across services, value-added distribution and specialized light manufacturing. Over a 30-plus-year career, he has built Incline into a widely recognized middle-market buyout firm.
Before founding Incline, Jack spent 15 years at PNC Equity Partners. He began his career at Westinghouse Credit Corp. and joined the investment banking division of Wheat First Securities. Incline manages a flagship fund of just under $2B alongside its Elevate and Ascent funds, which keep the firm active at the smaller end of the market.
Jack holds a B.S. with honors from Duquesne University, where he is a Distinguished Alumnus and an MBA from the Booth School of Business at the University of Chicago. A proud native of Pittsburgh, he founded the Incline Foundation, which supports education in under-invested communities.
Tom Kapsimalis is Managing Director and Head of Secondaries at CPP Investments, based in Toronto. He leads the team responsible for the firm's private equity secondaries program — across LP-led and GP-led transactions, single- and multi-asset continuation vehicles, and structured secondaries — and oversees portfolio sales for CPP Investments' private equity department.
He began his career in 2008 in investment banking in New York, working in syndicated leveraged finance through the financial crisis, before moving to the buy side and into the secondaries market in its early days. He has been part of the secondaries business at CPP Investments through its growth from a nascent strategy into one of the largest segments of private markets, where the firm now deploys an estimated $3–5B a year.