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Successful GPs wishing to leave a legacy need to make it easier for junior partners to buy equity in a firm, writes Jonathan Harvey of Investec Fund Finance.
Australian firm CHAMP Ventures’ decision to wind down in the face of succession issues is a reminder that the industry needs to manage the transition to new leadership with care.
The firm has added former Triton, First Reserve and Doughty Hanson deal makers to its bench.

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