Adam Le
Adam Le is Senior Editor, EMEA, for PEI Media'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.
Secondaries Infrastructure Solutions III will target an 11-14% net internal rate of return, according to documents prepared for a US public pension.
Pantheon Global Infrastructure Fund IV's target, capital raised so far and deal log were disclosed in a presentation to a US pension this week.
Stafford Infrastructure Secondaries Fund V will seek €1.3bn and comes five months after the firm closed its predecessor vehicle.
William Greene, managing partner at Stafford Capital Partners, discusses why some LPs are selling stakes in infra funds and how big this market could become.
Energy and infra secondaries accounted for 6% of the $134bn in deal volume last year, according to Evercore.
The firm's $841m acquisition of preferred equity stock in a midstream natural gas company shows infra deals come in all shapes and sizes.
The independent advisory industry has had to navigate a material increase in regulatory burdens due to the UK's departure from the EU, says chief executive Andrew Sealey.
The firm has also opened an office in Frankfurt – its first in Germany – as it seeks €750m for infrastructure secondaries.
The country's largest public pension has been exploring how it could increase its private equity exposure and begin committing to other asset classes, according to head of alternatives Per Olofsson.
This year’s health crisis has made single-asset transactions more appealing for a host of reasons.