Adam Le
Adam Le is Senior Editor, EMEA, for PEI Group's private equity publications, overseeing the flow of global news and analysis for Private Equity International and Secondaries Investor. Based in London, Adam works closely with private equity-focused colleagues across PEI's offices in New York, London and Hong Kong. Prior to PEI, his roles included reporting on finance and technology for Bloomberg Japan.
Average high bids were 20% down this year compared with a year earlier, according to a report by advisory firm Setter Capital.
OM Asset Management has purchased a majority stake in the secondaries firm less than two months after former owner Religare sold its interest.
The secondaries firm has lost at least three professionals involved in fundraising this year, including its head of capital raising and IR and its deputy investment officer.
The London-headquartered firm’s ninth buyout fund received bids as high as 10% above NAV, according to data released by PEFOX.
The secondaries firm has tapped a former AB InBev executive to help develop its secondaries operations in mainland China, Secondaries Investor has learned.
J-curve mitigation, portfolio analysis and similar terms are some of the similarities between secondaries funds and the strategy of taking stakes in private equity managers.
The world's largest asset manager wants to hire an investment specialist to focus on infrastructure secondaries in London or Zurich.
Taiwan's second-biggest financial holding company has committed $30m to the global investment firm's latest secondaries fund.
The US pension fund approved a $20m commitment to Capital Dynamics' latest dedicated secondaries fund which had raised three-quarters of its target by April.
The secondaries specialist raced toward a March final close on its latest fund, raising half a billion dollars in around five months.