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.
South Korean tech giant SK has formed a $1bn investor club with China's Legend Holdings to back a semiconductor firm and Legend Capital's funds.
Michael Chen, who led consumer investments in China, joined Centurium Capital in June.
The fund initially targeted as much as $6bn and was due to close on more than $7bn in the first quarter of this year.
The former KKR executive’s plans for a new firm serve as a valuable case study for aspiring managers hoping to scale quickly.
The firm has introduced a catch-up clause and increased the management fee in Fund II, PEI understands.
As Vietnamese PE activity skyrockets, PEI outlines the country's key players, hottest sectors and expected returns.
Greater competition for a limited number of assets has diluted equity ownership, delegates told an industry conference on Tuesday.
New Zealand's government has proposed a NZ$300m fund of funds to back offshore and domestic venture capital managers.
Fewer deals are being done, but more capital is being deployed, according to data from Grant Thornton.
David Li's firm had previously raised around $871m in Chinese yuan across two funds, one of which is sponsored by Chinese ride-hailing business UCAR.