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.
Whitehorse Liquidity Partners VI would be 13% larger than its predecessor, which closed on $5.3bn in July.
The NASDAQ-listed investment firm already offers secondaries to its investors alongside funds of funds and co-investments.
The placement agent and secondaries advisory firm this week confirmed the hire of Adrian Siew in New York as co-head of the firm's GP Solutions business.
The use of deferred payments is increasing as sellers and buyers seek mutually beneficial ways to bridge deals.
Generative artificial intelligence is being applied to private markets at breakneck speed. The biggest hurdle to applying these software tools to LP secondaries trades is the market’s lack of standardisation.
A footnote in the US Securities and Exchange Commission's new rules suggests continuation funds structured as cross fund trades won't be subject to third-party fairness opinion and valuation letters.
Single-asset deals priced at more than 9 percentage points higher than their multi-asset counterparts in the first half of this year.
Ardian’s Wilfred Small and Arnaud Mercier speak with Secondaries Investor about Ardian's artificial intelligence platform and where AI's limitations are in private markets.
A confluence of dynamics is driving secondaries activity in the asset class – providing dealflow and attracting more buyside interest.
The firm also expects a final close on Hamilton Lane Infrastructure Opportunities Fund II this year.