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.
Chinese private equity returns have been impacted by intense competition for technology assets across the Asia-Pacific markets.
Its first fund, a 2008-vintage, still has four remaining assets and is operating at 0.8x gross total value, according to a source with knowledge of the matter.
The average total-value-to-paid-in multiple of active LBO funds hit 1.43x in the second quarter of this year – the lowest point in three years, according to eFront.
Just over half of managers surveyed by law firm Dechert are thinking about launching vehicles to hold assets for longer than the traditional three to five years.
PEI caught up with Ashish Shastry to discuss the firm’s appetite for South-East Asia and how the region could be affected by US-Sino trade tensions.
Permira VII is more than 50% larger than its 2016-vintage predecessor and comes four months after the manager closed its debut tech-focused minority stakes fund.
PEI caught up with Fi Dinh, who led ING's first ESG-linked revolving credit facility, to discuss fund terms, interest rate calculations and sustainability targets.
The bank provided a subscription credit facility for Singapore's Quadria Capital that pegs its interest rate to fund-level ESG performance.
Cortina Capital will target medium-sized health and wellness brands with export potential to Asia.
Almost two-fifths plan to raise their PE exposure over the next 12-24 months, a report from the asset management giant finds.