Alex Lynn
Alex Lynn is a multi-award-winning journalist and Hong Kong Bureau Chief at PEI Group, leading coverage of Asia-Pacific private markets for Private Equity International and editing its daily Side Letter briefing. He joined the business in 2017, having previously covered EMEA markets from PEI's London office. Alex has a master's degree in Journalism from Kingston University. He can be reached at alex.l@pei.group.
Industry participants outline potential use cases, investment horizons, fee models and likely adopters of Hong Kong’s new listed trusts.
A concentration of capital in Asia’s large-cap space could prove a lucrative opportunity for GPs able to raise even a modicum of capital down market.
Some fear GPs are at risk of overpromising and underdelivering on AI’s ability to drive topline growth.
Staff have raised concerns over the inclusion of a 12% private debt allocation in its private equity benchmark, as well as the total exclusion of energy investments.
Private equity also accounts for two-thirds of Partners Group’s underperforming assets, the firm disclosed in its Wednesday earnings presentation.
The $250m sought for Vertex Growth III would make it at least 40% smaller than its predecessor.
Inflows during the period were disproportionately buoyed by the $49bn raised for MGX Fund I in June.
MGX’s $49bn fundraise underscores AI’s disproportionate influence on LP allocations.
This year’s ‘SaaSpocalypse’ has exposed the vulnerability and deepening uncertainty of outcomes in a much-beloved sector. Investors must work quickly to identify managers capable of thriving in the age of AI.
Carlyle Defense and Reindustrialization Partners was registered in June.