PDI Picks – 12/16/2019

Despite conventional wisdom, investors want more GPs

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The biggest question isn’t around whether LPs want more GP relationships. The question is, is this good for first-time managers?

In a data set that could be rather friendly to first-time managers, almost five times as many investors want to increase the number of GPs they work with than reduce that figure, according to PDI Perspectives 2020, our LP survey.