For instance, they know that GPs invest in firm infrastructure and personnel based on the projected size of their next fund and the management fees they can be expected to generate.
By the time they have decided who they want to hire, whether based upon merit or political considerations, they do not want to be told the firmthey have chosen is lying to them.
Zachary Conen, senior vice president of sales and marketing at LRA Worldwide, a mystery shopping firmbased in Pennsylvania, says they maintain a stable of 120 full time consultants who travel 42 weeks out of the year.