
The churn factor
Mid-cap Asian GPs are no strangers to staff turnover, with volatility tracking the peaks and troughs of different regional markets. In times of plenty, when China and India were booming, it seemed that a week couldn't pass without a manager spinning out to set up his own shop.
Now the fundraising environment has become challenging, there is less incentive to launch first-time funds, but uncertainty breeds job applications from mid-level professionals wondering about their next...
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