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.
The global investment firm has acquired a stake in Charterhouse's 2008-vintage fund from Rice University amid increasing sales from endowments and foundations.
Leveraging a portfolio for liquidity can be similar to refinancing a property, but what effect does this have on the secondaries market?
The deal includes 97 retail, office and hotel assets in Sweden and Finland and is the second large portfolio Partners has acquired from Sveafastigheter.
Respondents to the placement agent's Secondaries Outlook Report cited three main drivers behind why they expect deal volume to drop as much as 18%.
The acquisition of €1.3bn worth of assets included stakes in at least 11 private equity, real estate and private debt funds.
HarbourVest's listed fund of funds was included in the FTSE 250 Index last December, a move the firm said will help boost liquidity.
If the fund you have invested in is having problems, it is important to know if the vintage as a whole is in trouble or if your fund is an exception.
While large secondaries firms are having trouble deploying capital, firms focusing on the lower end can elude this by making sure their funds are the right size.
This is a re-up for the State of Wisconsin Investment Board which has invested in at least the last five Coller secondaries funds.
The London boutique investment firm has hired a US-based IR professional amid the fundraise for its latest secondaries fund.