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 proportion of stakes sold by public pension funds tripled between the first half of last year compared with the first half of 2015, according to a report.
The real estate secondaries giant expands its quantitative research group after holding final close on a $1.6bn fund in May.
One of the biggest players in the real estate secondaries market continues to buy stakes.
The Hong Kong-based firm's fundraising comes amid heightened interest in Asian secondaries.
Madrid-based Portobello Capital considered selling remaining companies, including The Ice Cream Factory, but opted for a fund restructuring with HarbourVest to add value to the portfolio.
The private equity arm of Neuberger Berman has bought a stake in a $581m buyout vehicle, according to a UK regulatory filing.
The London-based tail-end fund specialist began fundraising for its latest dedicated secondaries fund in June.
Tail-end funds sold at an average 10 to 15 percent lower than more recent funds, according to investment bank and secondaries advisory firm Greenhill Cogent.
Carlyle's investment solutions group, which includes fund of funds arm AlpInvest Partners, lost about $6bn in AUM due to currency changes.
Healthy private equity distributions could prompt some sellers to hold off from tapping the secondaries market.