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 mezzanine powerhouse is nearing the $1bn target for its restructurings-focused vehicle, Secondaries Investor has learned.
BlackRock hasn't done much buying in the last two years, but that may not be a problem for the world's largest asset manager.
The Blackstone unit raised the hard-cap on its latest fund and is expected to hold the final close by the end of January, Secondaries Investor has learned.
The investment firm is hoping to raise as much as €500m for the vehicle, two years after it closed a Europe-focused secondaries fund.
Jonathan Sibilia was appointed to the position at the venture capital investment firm in early December.
It is understood the vehicle, which launched in February, will make secondaries investments.
The private equity firm beat the target for Adveq Europe VI, which will invest in primary, secondaries and co-investments.
The Whitehorse Liquidity Partners managing partner and former head of secondaries and co-investments at Canada Pension Plan Investment Board gives us his predictions for how the secondaries market looks in 2017.
The troubled pension was expected to approve the sale, which includes private equity and real assets stakes, on Thursday.
Surprises are in store when deals done hurriedly over the last three years under-deliver, according to managing director Nathalie von Niederhäusern.