Member Thought Leadership
MEMBER:
Russell Reynolds Associates, Inc.
As firms manage overlapping fund vintages, longer holding periods, and increasingly complex portfolios, the absence of clear transition planning has become a material governance issue.
Recent surveys indicate that succession readiness and governance maturity are now decisive factors in re-up decisions for 96% of limited partners (LPs), yet fewer than half of GPs have established a formal transition plan.
In an environment defined by more selective capital, heightened diligence and a tougher fundraising market, this gap between capital at risk and organizational preparedness is no longer sustainable.
