The below chart shows the growth of the 40 GPs surveyed in 2017.
Over two years, GPs on average increased their staff by approx. 26% and the amount of entities managed by 18%.
Out of the 40 GPs surveyed, only two experienced a decrease in staff. As 65% of those surveyed plan to hire in the next 6 months, we believe that the size of the offices (in terms of people) will continue growing.
The below chart shows how the composition of the teams has evolved since 2017.
The number of accountants in 2019 is comparable to that of 2017, meaning that during this period it grew at the same pace as the entire population of the office.
As they are smaller, the other populations show higher volatility, e.g. key managers significantly increased during the period, reaching 10%.
It is no surprise to see that the number of AIFMD-compliant GPs is growing, and that most of them opted for a Luxembourg AIFM.
Explore the results by selecting a topic below. You can also navigate to any page of the survey results using the table of contents on the left.