
Haves and have nots
It probably comes as no surprise to most readers that Asia Pacific fundraising in the first quarter of 2013 was much slower than in the past. When I covered the tough fundraising conditions in the March 18 viewpoint, I observed that the market is divided into the "haves" and "have nots."
Sadly, for the latter group, the case hasn't changed but on a global basis - and seen in a few examples here in Asia - the haves are more than making up for the deficit as LPs look to invest in those with...
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