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.
Amid the emergence of managers specialising in GP-led deals, advisors are still vital in a complex sector with inherent conflicts of interest, according to Yaron Zafir, head of secondaries at London-based advisory firm Rede Partners.
The global investment manager has already made one secondaries deal from its latest fund of funds in the strategy.
Daryl Cohen has left after eight years at the direct secondaries pioneer and is understood to be joining another private equity firm.
The firm has hit the target for Crown Global Secondaries IV which launched in the summer of 2015, Secondaries Investor has learned.
Limited partner activity in secondaries is set to increase, according to a global survey of LPs conducted by sister publication Private Equity International.
The pension has more than halved the amount it paid in management fees and carried interest to secondaries funds over the last fiscal year.
The name change marks the fund of funds manager's final step in separation from The Permal Group.
Some of the industry’s biggest names gathered in London last week for a panel organised by law firm Proskauer. Secondaries Investor can bring you the inside track from the closed event.
The French banking group's latest fund of funds will split its deals evenly between secondaries and primary investments.
The private equity and infrastructure investment firm has hired Michael Bowen to focus on direct secondaries and co-investments.