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John Haddock's secrets to a successful handover

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As the private equity firm readies to raise as much as $850 million from investors, John Haddock says CHAMP has achieved something more startling than good returns for its investors: a successful generational handover.

"There have been groups that have started to share economics and management control. There hasn’t been a group [except CHAMP] that has successfully moved past all of its founders in every aspect," said Mr Haddock, who took the reins of the local PE firm in February 2014.

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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/john-haddock-s-secrets-to-a-successful-handover-20190829-p52lxg