Adam Le is Senior Editor, EMEA, for PEI Media'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.
Investors who do not participate in GP-led secondaries opportunities could be incurring an opportunity cost of at least 15% over the long run, a study by Upwelling Capital Group has found.
4 min read · 16 October 2022
Richard Hill, who leads multifamily office Stonehage Fleming's direct investment activities, speaks to PEI about how the firm likes to invest and increased competition for private wealth capital.
4 min read · 11 October 2022
British pensions have been dumping liquid assets to free up cash due to the gilt crisis; whether they’re currently selling private markets holdings for the same reason is another question.
3 min read · 10 October 2022
Alex Mejia is joining Baird, less than 18 months after joining Goldman to advise on single- and double-asset GP-led deals.
2 min read · 23 September 2022
Why? Because lower returns will be a temporary phenomenon and because private equity has operated in a much higher interest rate environment before, according to industry participants.
3 min read · 22 September 2022
The software specialist has internal talks about accepting outside capital 'all the time', but likes things as they are, says co-founder Orlando Bravo.
2 min read · 21 September 2022
As an increasing number of sponsors turn to secondaries processes, doubts are being raised about the market’s building blocks. Just how aligned is the secondaries market today?
2 min read · 01 September 2022
Conflicts of interest can arise within the LP base as LPACs act in their own interest, not in the interest of the fund.
3 min read · 01 September 2022
For the GP, internal alignment is another opportunity to manage team dynamics. Third parties will want to see that the right people participate in the economics.
3 min read · 01 September 2022
When dealing with waterfalls, there are tools that can be used to create economic alignment from the outset.
3 min read · 01 September 2022