Alex Lynn
Alex Lynn is senior reporter for Private Equity International in Hong Kong. He previously covered the EMEA region from PEI's London office, where he was shortlisted for State Street's Journalist of the Year - Alternatives 2018 and 2019. He has a master's degree in Journalism from Kingston University.
Subdued distributions, an aversion to tech and declining valuations were among the key trends shaping private equity in the region last year.
Negative returns in credit, funds of funds and emerging markets dulled the $402bn institution’s PE performance last year, investment committee documents show.
The Singaporean firm held the final close on Quadria Capital Fund II on $595m after raising its hard-cap from $500m, managing partner Abrar Mir tells PEI.
Yasuyuki Tomita, who was promoted from DBJ Asset Management last year, will oversee the development of a growth equity platform targeting domestic SMEs.
The fund's investors are predominantly regional banks and local financial institutions looking to generate additional business opportunities within their respective locales, PEI understands.
The private equity giant has said its business could be damaged by allegations of improper conduct or press speculation – whether valid or not.