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.
Private equity professionals who manage more than $20bn and have at least 16 years' experience earned $65m in carry last year.
The move follows ODDO’s April acquisition of ACG Capital, the €1.8bn fund of funds and secondaries arm of ACG Group.
The firm has confirmed it will move Swedish chemical manufacturer Perstorp into a vehicle backed by Landmark Partners, two months after Secondaries Investor first reported on the deal.
Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.
The firm has collected €135m for eQ PE SF II, which had an undefined target.
Strategic Partners Fund VII has the highest return of the firm's PE vehicles by IRR.
The investment firm could reach up to 150 hires by the end of the year to match its anticipated AUM growth for the year.
Almost 40% of LPs have already invested or will consider investing in funds that take stakes in GPs, according to the secondaries firm’s latest Global Private Equity Barometer.
The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.
The firm plans to add one or two US managers to its platform to diversify the business.