Group 1 - The high-pressure environment in the finance industry is driving quantitative talent to reconsider their career choices, leading them to seek more stable positions in the public sector [1] - Recent lists of proposed public servants in Hunan Province and Shanghai include several former employees from quantitative private equity firms, indicating a trend of finance professionals transitioning to government roles [1][3] - The trend of finance professionals moving to public service is not limited to quantitative private equity; it also includes individuals from public funds and investment banks, reflecting a broader industry shift [3][4] Group 2 - There have been significant personnel changes within several quantitative private equity firms, including leadership transitions and adjustments in equity structures, which have garnered market attention [2] - The trend of finance professionals moving to public service is evident in various government departments, with multiple successful cases from investment banks and public funds being recorded in recent recruitment lists [4][5] - The decline in the work efficiency ratio for investment banking roles, particularly due to a slowdown in IPO activities, has contributed to professionals leaving the industry [5]