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 acquired the secondaries and fund of funds arm of ACG Group for €1.8bn last week, marking its entry into private equity.
Asset manager Oddo BHF has acquired the fund of funds unit in its first foray into private equity.
The Norwegian secondaries firm has launched a strategy targeting direct control positions in larger Nordic companies, according to managing partner Bjarne Lie.
The firm has more than tripled its deployment of LP capital through mandates over the past three years as investors seek to avoid the additional fees associated with primary funds of funds.
The preferred equity specialist is targeting $750m for Whitehorse Liquidity Partners II with a $1bn hard-cap, Secondaries Investor has learned.
The private equity fundraising veteran will no doubt be called upon as the secondaries firm ramps up marketing for its eighth global fund.
Generation Mature Secondary FoF will target stakes in European and US private equity funds.
Some LPs are feeling betrayed in fund restructurings because GPs are having to choose who they serve, the firm's senior investment manager said.
Secondary Investments IV has a $20m hard-cap to stay within its niche, according to co-founder Sherif ElHalwagy.
The firm sold a portion of the stake to unnamed limited partners for $198m, chief financial officer Chris Govan said in a Q3 earnings call.