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#3 Two UK Venture Leaders

Behind the Balance Sheet

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Is There Too Much Development Capital?

Biggest change since i was started in the industry is that big, long dated asset holders like pension funds and insurance companies no longer have huge domestic equity waitings. Instead of taking you've ended up with a fixed income economy where housing is dominant. I think that's just xciting developmentn you feel that there's not enough development capital. You think that's a shortcoming of the s t equal system hereman,. as that am.

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