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 size of the average buyout fund close soared to $1.45bn in Q1-Q3 2024 – the largest ever recorded by PEI.
Pak-Seng Lai, former head of APAC private wealth at Blue Owl Capital and head of private markets APAC at UBS, joined Coller's Hong Kong office in October.
Head of Australia and New Zealand Joel Thickins will jointly lead the Asia business alongside existing head Ganen Sarvananthan.
Continuation funds, NAV loans, dividend recaps and other tools have muddied the waters when it comes to investors ascertaining how distributed to paid-in ratios are generated.
Japanese institutions contributed 54% of the newly closed Fund IV – the largest proportion of any Longreach fund to date, partner Mark Chiba tells PEI.
The Bangkok-headquartered firm has so far received $195m in commitments for 10 Bridge Fund IV, partner Samon Suwannarat tells PEI.
Fund II has both domestic and offshore structures, meaning the total amount sought could be even larger.
The firm’s 2016-vintage Fund VI was producing a 2.03x DPI as of December 2023, according to PEI Group data.
The new joiners, including ex-CDPQ senior director Philip Hunter O’Brien, will operate from the $41bn system’s Austin headquarters, CIO Yup Kim tells PEI.
Aizawa AM’s third flagship, which held its final close this year, is already 85% deployed, says chief executive Shinichiro Shiraki.