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 Scandinavian firm has adopted an effective approach to value creation with its community-driven procurement system; implementing such a programme is not without its challenges.
The Neuberger Berman unit has secured around $1bn of commitments for its vehicle that will take stakes in managers, Private Equity International has learned.
The investment manager aims to secure the funds from Middle Eastern investors by 2019, chief executive Jean Claude Bastos de Morais tells PEI.
Demand for mid-market leverage included covenant-lite issuance reaching $3.8bn in Q3, almost overtaking the $4bn loaned in 2016.
Private equity is a relatively new concept for Ghana’s pension funds, having only been authorised by the country’s National Pension Regulatory Authority on 1 April.
Some 15% of private capital executives saw a decrease in their year-on-year base salary in 2017, significantly higher than the 1% who reported a similar change last year.
Domestic LPs demonstrated a strong increase in appetite for French private equity in H1, with commitments climbing to €5.4bn from €3.2bn a year ago, according to a report.
A trend towards asset management could have a negative impact on firms which cannot expand, delegates at the BVCA Summit 2017 heard.
The private equity investor has raised $389m for its third co-investment programme, which will invest alongside a further $230m through sidecars and separate mandates.
Details of the fund’s terms were revealed in documents prepared for Pennsylvania Public School Employees’ Retirement System.