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.
Council Ring Capital, a single-family office founded by the Mills family, led the deal with Finnish GP DevCo in a transaction that Coller Capital also backed.
The vehicle, which will commit to infrastructure secondaries as well as direct infra deals, will target investors globally, Secondaries Investor understands.
There is a 'huge supply/demand imbalance, particularly for larger sized transactions' which is leading to the firm doing this, according to the firm's chief investment officer and CEO.
The CV process places Advent among a group of PE powerhouses that are exploring similar processes for their software companies.
Cubera X, which focuses on Nordic managers, was oversubscribed and is 54% larger than its predecessor.
Investors including Alaska Permanent, Caisse des Dépôts, Skandia, New York City Retirement Systems and TRS Texas share their views on how this market can be improved and how they are positioning themselves to take advantage of CVs.
Eye-watering legal charges have been likened to ‘racketeering’; industry co-operation could solve the problem.
Transfer agreements are seen as a $100,000 'copy & paste job' by some and 'complex legal contracts' that law firms are losing money on by others.
A recent GP-led process that came across our desks suggests the collaborative nature of the secondaries market is alive and kicking – for now.
Industry leaders from Ardian, Coller Capital, Evercore and more share their top fiction and non-fiction recommendations for whiling away the time on your summer vacay.