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.
Funds set up to allow sponsors to hold assets for longer typically must satisfy both an IRR and MOIC hurdle, research from law firm Paul Hastings has found.
Writing the biggest cheque doesn’t necessarily mean you structured the transaction – or bothered to have a beer with the counterparty to get to know them.
Abhi Mitra is set to join the Swiss bank's private funds group in the autumn, Secondaries Investor has learned.
The GP-leds specialist firm, which is run by three former CPP Investments professionals, has been raising a fund focusing on single-asset opportunities.
Sceptics says concentrated GP-leds are an expensive way of doing co-investments; the Canadian pension believes the two markets address different risk/reward profiles.
The move is significant for the Canadian pension giant, which until now had been unable to back such deals via its secondaries unit.
Evelyn Zhang's appointment brings the headcount at the Canadian pension giant's secondaries team to 20.
Sanja Cvetinovic, who ranked appeared in Secondaries Investor's Next Gen Leaders list, will lead the firm's private equity business in the UK and EMEA.
Louise Boothby's exit comes after that of Amyn Hassanally, a New York-based partner who is set to join Pantheon to lead its secondaries team globally.
Pamplona Capital Management's decision to 'redeem' holdings in its funds owned by an LP with ties to sanctioned Russian oligarchs shows stake disposals can come in unexpected ways amid the Ukraine crisis.