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?

11 Comments
 

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.

 

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