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 division was launched in April with a view to taking minority positions in publicly listed, mid-cap companies in Northern Europe.
Distributed ledgers can track where money moves, giving GPs and LPs better oversight on how their capital is being deployed.
Customisable fund models, particularly separately managed accounts, are becoming more popular.
Investors will increasing eschew commingled funds for direct or co-investments.
LPs' drive to cut the number of managers they use may create a split between blue-chip multi-strategy asset managers and smaller specialist GPs.
An unwillingness to improve ESG standards over a number of years could impact LGT’s desire to re-up with some existing GPs.
Exit values fell to €39.9bn in H1 2018, down 30% from the second half of last year, according to research from CMBOR.
The firm appointed Bernard de Backer, former senior portfolio manager at ADIA, to cover investor relations and value creation in January.
Just 36% of asset owners have identified quality sustainable investing opportunities in private equity, trailing public equities and real assets, according to Morgan Stanley.
The $828bn sovereign wealth fund joins existing investors CVC, Reinet and Legend Holdings.