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.
Research by the investment bank indicates that continuation vehicles can meaningfully outperform buyout funds on a median basis.
Charging 10% carried interest on a deal-by-deal basis is not necessarily cheaper than 20% or even 30% charged on a fund basis, argues University of Oxford's Saïd Business School's Ludovic Phalippou.
In this episode of the Spotlight podcast, Jill Shaw, a managing director at global consultancy Cambridge Associates, discusses the hottest private markets strategies for these investors and their ideal approaches to portfolio construction.
Two years of lobbying and fine-tuning of private markets rule-making could be undone as a lawsuit gets underway in the US.
Stefan Fallgren has taken on responsibilities for the €49bn Swedish insurer's private equity and infrastructure portfolio.
The firm recorded its best year for separately managed accounts fundraising last year, with $8.3bn raised.
In 2023, continuation funds spread to geographic markets anew and niche strategies such as impact funds, while increasingly involving complex situations and assets.
LPs made their thoughts about the fund finance facility known in 2023.
LPs are becoming more comfortable with the concept of acquiring minority interests in alternative asset managers.
The €34bn AXA Investment Managers Prime unit is building out its capabilities across GP stakes, NAV lending and secondaries.