John Haddock's secrets to a successful handover

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.