Side Letter: Hong Kong carry, BX's insurance chief, EQT's target, ADIA sale
Just happenedHong Kong dispatches
Two takeaways from today's HKVCA Asia Private Equity Forum , from PEI's Alex Lynn . Full reports coming soon, but in the meantime:
Chinese GPs are on the back foot after a tough two years A domestic liquidity crisis, trade tensions and a clampdown on tech have all contributed to something of a fundraising slump. As a result, LPs are finding renewed strength during LPA negotiations. That's according to Lorna Chen, head of greater Ch...