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.
GPs can avoid potential liquidity issues by drawing down loans early and performing greater due diligence on their lenders.
Significant exposure to family office capital has prompted fundraising platforms to seek out impact opportunities.
The move will enable roughly 85,000 DC members, representing around £1bn of funds, to select a private markets allocation within their investment programme.
The firm has closed Baring Asia Private Equity Fund VII on its $6.5bn hard-cap.
The start-up is expected to reach $100m of total fund commitments later this month.
The firm appointed Myron Zhu, former co-head of APAC PE at Aberdeen Standard Investments, in August to build out its third-party capabilities in Asia.
The Special Administrative Region is hoping to lure managers from the Cayman Islands, which has been ramping up its tax transparency efforts and economic substance requirements.
Fewer China-headquartered PE funds reached final close last year as trade tensions, high valuations and concerns over tech exposure hindered capital raising efforts.
Julia Leung, the Hong Kong financial body's deputy chief exec, says asset managers in Asia tend to focus more on governance than environmental concerns.
Implementing robust ESG policies to reduce carbon emissions is a necessary step; but firms should not ignore the need to safeguard their portfolios from more immediate climate change effects that threaten returns.