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.
Defined contribution schemes in the UK are forecast to grow to more than £1trn in assets by 2030.
The former head of alternative investments at healthcare provider Kaiser Permanente will have his work cut out for him at the US's largest public pension.
Europe-focused funds trail behind other major global regions by capital raising so far this year with just $112.4bn closed.
Abu Dhabi Investment Authority and France's largest private markets investment firm are understood to have been in discussions about a deal as recently as mid-October.
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.
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.
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.
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.
The software specialist has internal talks about accepting outside capital 'all the time', but likes things as they are, says co-founder Orlando Bravo.
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?