Alex Lynn
Alex Lynn is 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 for subscribers.
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. He can be reached at alex.l@pei.group.
The number of divestitures by public companies has changed little in the past decade, but PE participation is rising.
As more Japanese insurers turn to private equity in the search for yield, Hikojiro Iida, co-head of PE at Nissay Asset Management, discusses its favoured strategies.
A number of GPs are using flush balance sheets to seed their own distressed debt funds, according to firm head Michael Rees.
The firm held the final close on Carlyle Japan Partners IV last week on around $2.4bn, more than double its 2013-vintage predecessor.
LPs are encouraging managers to discuss coronavirus over the phone as formal reporting has been limited by the speed at which the pandemic is escalating.
Drawdowns could enable managers to pre-empt liquidity issues arising from the pandemic but may compound the problem for certain LPs.
Sponsors are also pushing for longer due diligence windows to account for disruption caused by coronavirus and to better understand its impact, a law firm has said.
Subdued distributions, an aversion to tech and declining valuations were among the key trends shaping private equity in the region last year.
Negative returns in credit, funds of funds and emerging markets dulled the $402bn institution’s PE performance last year, investment committee documents show.
The Singaporean firm held the final close on Quadria Capital Fund II on $595m after raising its hard-cap from $500m, managing partner Abrar Mir tells PEI.