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Alex Lin
Hong Kong bureau chief reporting on Asia-Pacific private equity trends, including Hong Kong market activity, China dealmaking and regional fundraising movements.
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Dec 23, 2025
• 22min
How PE markets evolved in a volatile 2025
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Hannah Zhang, an expert in North American private equity and retail capital, teams up with Alex Lin, the Hong Kong bureau chief specializing in Asia-Pacific trends. They dive into the surge of 401(k) access to private markets and the monumental growth in the secondaries market. The discussion highlights the resurgence of interest in China, especially in tech and AI, amidst evolving geopolitical tides. They also explore the expansion of GP offices into Tokyo and the dynamic fundraising activities in Hong Kong that signify a recovery in the private equity ecosystem.
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