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 year has seen a notable rise in single-asset fund restructurings.
Investors want to see how the firm performs on a deal-by-deal basis before they will consider committing to a blind-pool vehicle, PEI understands.
The firm is understood to be targeting between $15bn and $17.5bn for Fund IX.
The Swiss banking group will seek up to €200m for a vehicle targeting primary fund commitments, directs and secondaries opportunities across private equity, debt and real estate.
The continent’s emerging eastern markets can be an acquired taste, spelling opportunity for those willing to take a leap of faith.
Permanent capital structures can help investors navigate volatility and complex regulation, but convincing limited partners can be slow going.
Investors wanting fewer GP relationships are in a small minority that could get smaller still.
Larger investors are almost twice as likely to underweight India than family offices, and both groups are wary of Turkey and Russia, according to research by Montana Capital Partners.
A GP's team size, track record and style drift are given significantly greater value than culture, succession planning and the gender pay gap.
Investors are looking to expand their GP portfolios as access to funds becomes increasingly competitive.