China's rainmakers go solo
There have been many articles, books, discussions and conferences on Chinese entrepreneurism. This has come under the spotlight again with the recent wave of IPOs by mainland businesses in various bourses around the world. While many of these activities are followed in the pages of AVCJ, I would like to highlight another trend of entrepreneurialism that is even closer to home – senior private equity professionals going independent. By this, I mean individuals working for existing investment companies and leaving to form their own private equity funds.
While this is obviously not a China-only phenomenon (there are also plenty of examples in India, with Renuka Ramnath and Ajay Relan to name but two), the Chinese exodus has been particularly strong. Perhaps...
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