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.
Predictions for the secondaries market include a drop in pricing and more GP-led transactions.
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 private equity firm beat the target for Adveq Europe VI, which will invest in primary, secondaries and co-investments.
The troubled pension was expected to approve the sale, which includes private equity and real assets stakes, on Thursday.
.jpg?id=19327353363 "Goldman leads Duke Street restructuring")
The investment bank is working with the London-headquartered firm to offer liquidity to investors in its €963m Duke Street Capital VI fund, according to sources.
The firm has amassed more than €450m across two if its private equity strategies.
The Zurich-headquartered private equity firm is seeking slightly north of $200m for Adveq Secondaries III.
.jpg?id=12885324327 "Northleaf adds to Toronto team")
The private equity and infrastructure investment firm has hired Michael Bowen to focus on direct secondaries and co-investments.
The Californian pension wants to hire funds of funds managers to help it invest $150m each year until 2018 and is interested in secondaries.
The firm smashed the $3.6bn target for the fund which was used to launch the hostile takeover bid on SVG Capital.