
1Q analysis: Hard times
Only the good prevail as LPs appear wary of China funds; investors continue to seek technology start-up exposure but the check sizes are falling; Korea delivers exits, but other markets fail to shine
1) Fundraising: Volatility breeds uncertainty "Six months ago, we had 10 LPs looking to come in for the final close and I thought we could get six of them; now it will probably be more like three." So...
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