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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.
Clock pointing to II - iStock
Impending NAV updates and carried interest catch-up can make or break a transaction.
The asset manager has confirmed a $1.1bn haul for the vehicle, three months after Secondaries Investor reported it had held the final close.
The niche investment firm's MSO II fund will target a net return multiple of 2x and IRR of 25%, Secondaries Investor has learned.
The July promotions across the firm's London and New York offices comprise two to investment partner and one to investment principal.
LPs were unhappy with the 'heavy discount to NAV' being offered for stakes in the 1998- and 2006-vintage funds, Secondaries Investor has learned.
As the investment firm's head of secondaries, Jason Gull experienced a daily adrenalin rush. He tells Secondaries Investor about how his life has changed since retirement.
The investment firm wants to ensure it’s a one-stop shop.
The €650m deal moved assets from Recovery Fund 2008 into a new vehicle.
Jason Sambanju's next venture is understood to be a new Asian secondaries firm.
Handshake
The promotions include Matt Sparks, who has worked on complex secondaries deals, to director.
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