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.
Meteor5 Capital, which counts Mounir Guen, Loren Boston and Spanish private equity veteran Javier Loizaga among its partners, is raising a fund to back emerging managers.
Meet Hazem Ben-Gacem, who will take over at the helm of the $22bn Bahrain-listed private investments firm.
Steve Lessar, co-head of the investment bank's secondaries unit, and Konnin Tam will join the $6.3trn asset manager in July.
European firms gained ground over their North American counterparts this year with 14 managers collecting $207bn.
Global firms want to increase their allocations to private equity more than any other asset class.
A lack of industry standards makes measuring the size of secondaries deals tricky in a fast-evolving market.
The close of the deal comes six weeks after sister title Secondaries Investor reported the transaction was set to become the largest-ever GP-led restructuring.
Travails at the emerging markets private equity firm may present a buying opportunity, but it may be too big a stretch for most secondaries buyers.
The Nordic firm's Edda fund shows LPs are willing to back new propositions from GPs that can demonstrate an ability to deploy capital in a challenging environment.
Megan Bethke, a former AlpInvest Partners executive, will join Mousse Partners in April, Private Equity International has learned.