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.
...over video call, of course, to record a podcast with Secondaries Investor. Here's a preview of what we discussed.
As affiliate title Private Equity International celebrates its 21st anniversary this December, we look back at how far the secondaries market has come over the past two decades.
Defined contribution schemes in the UK are forecast to grow to more than £1trn in assets by 2030.
The former head of alternative investments at healthcare provider Kaiser Permanente is expected to focus on growth equity, VC and secondaries activity.
The portfolio is understood to comprise private equity, credit, growth and infrastructure stakes in a Campbell Lutyens-advised process.
The fundraising comes as its secondaries unit, Strategic Partners, eyes as much as $20bn for its latest private equity flagship.
The development of the secondaries market is one based on disruption of an asset class; the tokenisation of private markets funds could follow a similar trajectory.
Landmark Equity Partners XVII raised 40% of its target in a final close last month amid an overall drop in secondaries fundraising among firms so far this year.
Abu Dhabi Investment Authority is also understood to have been in talks to buy a stake in the secondaries giant.
Diagnostics business The Binding Site was part of a group of companies involved in the firm's landmark 2018 GP-led secondaries process.