The LP View: First-time managers deliver better returns but fundraising remains a challenge

The LP View: First-time managers deliver better returns but fundraising remains a challenge

[Left to right] Adams Street Partners' Yar-Ping Soo, IFC's Huai Fong Chew, Capria Ventures' Dave Richards, Beyond The Billion's Sarah Chen speak in a session moderated by Nikkei Asia's Tsubasa Suruga.

Emerging market fund managers and first-time fundraisers are seen to deliver better returns compared to their more established counterparts, according to Dave Richards, managing partner of Capria Ventures, who spoke at DealStreetAsia’s Asia PE-VC Summit 2022.