Alex Lynn
Alex Lynn is an award-winning journalist and 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, having previously covered EMEA markets 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.
Continuation funds 'need to be managed quite carefully, with a lot of communication and conflict management', according to GIC's Asia PE head Ankur Meattle.
The fund has increased its secondaries budget to capture opportunities arising from market uncertainty, says private equity head Yasuyuki Tomita.
Quarterly redemption opportunities do not mean these products should be considered liquid, says head of international Marco Bizzozero.
Lili Wang is evaluating new product strategies across private credit, private equity secondaries and real estate.
The firm joins an increasingly crowded NAV financing market, with Partners Group and Pemberton Asset Management among those to have also entered the fray in recent years.
Gregory Hardiman, who previously co-led 17Capital's US investment efforts, has been named managing director and head of GP-LP solutions at Crescent Capital.
An explosion of hefty – and, in some cases, repeat – continuation fund processes underscores the increasing maturation of Europe’s secondaries landscape.
The utilisation of SPACs and manager consolidation had detracted the region’s attention away from the secondaries market, Jefferies’s head of Asia financial sponsors Lars Aagaard argues.
Jamie Hill and Michelle Cheh are both 10-year veterans of the firm.
Recent survey findings underscore the importance for GPs to explore multiple paths to liquidity before settling upon a continuation fund process.