Adam Le
Adam Le is the News Editor for PEI Media's private equity publications, overseeing the flow of global news and analysis for Secondaries Investor as well as sister title PrivateEquityInternational.com. 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 troubled pension was expected to approve the sale, which includes private equity and real assets stakes, on Thursday.
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The private equity and infrastructure investment firm has hired Michael Bowen to focus on direct secondaries and co-investments.
Recent mishaps have not been in vain: secondaries is an evolving industry and it is learning from its early missteps. We take stock of what we know so far in three bullet points.
The firm has raised €164m for Stafford Infrastructure Secondary Fund II, more than two-thirds of its target.
Sellers are demanding a high price despite a widening quality gap among infrastructure funds, fresh research shows.
Total deal volume in the first half fell to around $17bn, according to the advisory firm’s mid-year report.
Partners Group was one of the LPs who sold stakes, while SL Capital Partners was part of a group who either acquired new stakes or increased their exposure to the €2.2bn vehicle.
The London-based infrastructure firm is seeking a fund extension for its €2.2bn fund and needs enough LPs – existing or new – to agree.
The chief executive of the National Investment Corporation has left days after saying the country's National Oil Fund would run out of money.
BAE Systems’ pension fund achieved a high price for its stake in DeAWM-managed RREEF Pan-European Infrastructure Fund, according to a source close to the deal.