Devon Park Turnover?
This group has done some bigger deals and they have staff with a good pedigree but I can't understand why the turnover is so high? Do they have a model where the base is really low and it's a kill what you eat mentality? Or is it Florida?
Who else left? Have heard the head of the group is not the best to work for so likely tied to that.
On an industry comment, I think the independent boutique model is likely a dying breed. There’s real synergies / cross selling opportunities in fully integrated primary / secondary / M&A platform and I think most are moving this direction. So to have a platform that’s exclusively focused on GP-leds really misses out on that.
List of Departures: 1. Sebastien Siou, Partner 2. Peter Wright, VP 3. Ian McLean, Managing Director 4. Jeffrey Strauss, Senior Associate 5. Noah Lejman, Associate 6. Philippe Urreiztieta Bueno, Associate
There are probably more. Most last less than 12 months.
Wait sorry, what deals do you mean that are "bigger"? I work in secondaries and hardly ever see deal flow from them
Recruiter told me their average CV has been 600mm?
What’s the sample size? 2?
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