Asian PE firms risk losing talent to global peers

The private equity industry in Asia Pacific may be growing fast, but general partners in the region face a large and growing issue, finds a new report from search firm Heidrick & Struggles: that of succession planning. Generational change is a concern for PE globally, but home-grown Asia-Pacific firms face the biggest challenge on this front, said Michael Di Cicco, Asia-Pacific head of private equity at Heidrick. If they don’t address it, they could lose key executives and fac…