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.
HarbourVest Partners, LGT Capital Partners and Pantheon backed a $700m single-asset transaction involving the National Stock Exchange of India.
Reports of the benefits of preferential terms for investors who negotiate and structure a deal may be greatly exaggerated.
Capital raising for private equity secondaries strategies plummeted 77% year-on-year for the three months to end-March, according to PEI data.
The transaction comes off the back of at least three other insurance-focused continuation fund deals in Europe over the past half-year.
In this second episode of the Decade of Secondaries Investing miniseries, Blackstone's Verdun Perry and Evercore's Nigel Dawn look at how the continuation fund market has evolved over the last decade and how it may evolve in the years to come.
The Decade of Secondaries Investing podcast miniseries celebrates 10 years of Secondaries Investor with reflections on key trends that have shaped the market, as well as a glimpse into what likely lies ahead.
$1trn in annual deal volume is achievable with upticks in secondaries trading in non-PE asset classes, NAV lending, preferred equity and GP stakes, according to Whitehorse Liquidity Partners' founder.
Is $1trn in annual deal volume achievable? What does the increase in new entrants to the single-asset buyside herald? Why do some firms not like leading deals? All questions up for discussion in Orlando next week.
The firm is gearing up to launch its next fund and could target $1bn, Secondaries Investor understands.
The hires come as secondaries advisory groups shift and expand, with some places growing their capabilities to meet increasing demand for transactions such as continuation funds and LP portfolio sales.