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 asset manager is seeking $1bn for StepStone Capital Partners IV, according to a source with knowledge of the fund.
The Permira founder has joined the global asset manager as it bolsters its private assets business.
Growth equity firm FSI - which spun out from Italian sovereign wealth fund Fondo Strategico Italiano last year - has already raised €1.2bn following an interim close last month.
The Dutch firm's investment model allowed it to raise its latest €2bn vehicle while Fund VI was around 40% deployed.
The firm is understood to be seeking at least €800m for Stirling Square Capital Partners IV, which launched in H2 2017.
Asia saw the greatest improvement with 57% of LGT Capital Partners managers now having excellent or good integration of ESG.
The firm is expected to raise €2.5bn to €3bn for the “highly oversubscribed” Equistone VI, which does not have a formal hard-cap, according to a source with knowledge of the fund.
The investment firm is seeking $2.5bn for HarbourVest Partners Co-investment V, exceeding the $1bn it targeted for Fund IV, Private Equity International has learned.
The Tennessee-native and Bain Capital founder is remembered by the private equity industry for his influence and inspiration.
The third Hall of Famer is the 2005-vintage fifth fund from Boston-headquartered firm Advent International.