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Private equity opinions survey23/04/2002. Source: ICOSR. 
As fund size has increased, the role of the fund manager has changed - they must now adapt their working patterns to cope with the strains of these large funds. This is according to a survey released by ICOSR who spoke to 29 separate private equity funds and assessed their current performance in the light of these changes.
Managers must also become more efficient in maintaining their current portfolios, so that they free up more time to look to high quality investments.
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