"The train runs fast, all thanks to the engine at the front, Mr. Lu's vision is as sharp as ever."
Zhang Lei complimented with a smile, as several people exchanged glances, all recognizing Lu Liang's determination to leave the private fund.
Zhu Hu pondered for a moment before beating around the bush, "Mr. Lu, what are your plans going forward?"
Supposing Lu Liang was exiting private funds to set up a public fund, he certainly had ulterior motives—and significant ones at that.
Among the five people present, four were managers of private equity funds, and they were acutely aware of the differences between private and public funds.
Private funds have a high degree of freedom and management fees, relatively speaking, they are more flexible with fewer strict restrictions, and as long as there is accountability to investors, it's okay.
