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.
Investors wanting fewer GP relationships are in a small minority that could get smaller still.
Larger investors are almost twice as likely to underweight India than family offices, and both groups are wary of Turkey and Russia, according to research by Montana Capital Partners.
A GP's team size, track record and style drift are given significantly greater value than culture, succession planning and the gender pay gap.
Investors are looking to expand their GP portfolios as access to funds becomes increasingly competitive.
An interactive chart mapping returns by net IRR and total-value-to-paid-in across some of the firm's private equity funds.
The vehicle will be established next year to pursue the same strategy as its $2bn 2017-vintage predecessor, according to New Jersey State Investment Council documents seen by PEI.
Firms hoping to tap high-net-worth capital on a grand scale must navigate regulation, due diligence and liquidity requirements, the firm's Joan Solotar tells PEI.
The firm will raise a 'Strategic Equity' fund targeting sectors similar to those of its flagship buyout vehicles, PEI understands.
The firm has downgraded its allocation to certain segments of the market, including European and US mid-caps, according to its latest Private Markets Navigator update.
Provisions to allow this kind of borrowing are becoming better documented in LPAs, the co-head of Crestline's portfolio finance vehicle tells PEI.