Welcome to the Community - By default the swapfile is created in the same directory as the VMs configuration file (VMX) - you can change the default location which sounds like your predecessor had configured - the biggest caveat in doing this is to make sure that the swap file location is accessible by any host that you will want to vmotion to - There is not so much of a performance gain or hit but it might be easier to manage to insure there is enough space for the swapfile - the swapffile is created at startup of the VM and if there is not anough space on the disk the VM will not start
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