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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.
Industry Ventures has beaten the initial target for its latest flagship secondaries fund and appears to have also increased the total amount of capital it is seeking.
Man tapping a phone screen, set against a purple and blue background
The market for sub-$100m LP stakes is underserved by intermediaries, says Tap chief executive Jeff Leathers
There is some good news for investors worried about the drive by Republican state legislatures to divest or prohibit investments in funds with environmental and sustainability goals. Some public pensions – the deep pockets that have fueled the rise of ESG funds – are pushing back against lawmakers who want to tie their hands.
Adrian Millan from PJT Partners offers advice to LPs considering a sale on the secondary market, such as selling a portfolio of VC funds in tranches over multiple quarters to fetch the best prices.

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