Alex Lynn is Hong Kong Bureau Chief for PEI Group. He joined the business in 2017 and previously covered the EMEA region from PEI's London office. Alex has a master's degree in Journalism from Kingston University and can be found tweeting at @alynnpei.
The former head of alternative investments at healthcare provider Kaiser Permanente will have his work cut out for him at the US's largest public pension.
Employees must remain with Hamilton Lane over a multi-year timeframe, and the stock price should cross particular thresholds, in order to receive equity 'awards'.
Foreign exchange is too unpredictable to influence private equity decisions in the long run, but some portfolio companies could receive a boost from FX shifts in the near term.
Sponsors are using hedging to get deals over the line in markets with severe currency fluctuations; their investors are looking to protect themselves with greater flexibility over the currency in which they can commit.
The development finance institution has developed a greater appetite for Thailand, Vietnam, Indonesia, Cambodia and the Philippines, global senior portfolio manager Carlos Mayorga tells PEI.
Tim Dattels was credited with having developed the relationship with Indonesia’s Bank Tabungan Peninsuan Nasional which netted the alternatives firm a 7x return.