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.
Commitments to UK funds account for between 7-10% of Access Capital Partners’ most recent fund of funds, down from as much as 25% in previous vintages.
PEI revisits its performance watch series with updated fund data from the Q4 earnings season.
Nearly one-third of professionals anticipate a succession-led key person event at their firm in the next five years, according to research by Investec.
Some 14% of global professionals expect private equity activity to deteriorate over the next 12 months, compared with only 1% last year, according to S&P Global Market Intelligence.
The firm has temporarily suspended the four detained employees amid a dispute over the transfer of shares from one of its portfolio companies.
FSI I marks Europe’s third-largest debut fund targeting a single country since the global financial crisis.
The firm had been seeking $250m for the vehicle and was expecting to hold a first close in the second quarter of last year.
The firm held a first close on Hermes GPE PEC IV Co-Investment Fund, which has a $500m hard-cap.
More venture capital-like fund terms could be bad news for limited partners.
The firm expects to raise $20bn across all asset classes this year, CFO Curtis Buser said on a Q4 earnings call Wednesday.