Alex Lynn
Two-fifths of the investors said fees are a greater concern than ever due to more muted return expectations, according to NEPC data.
LPs expect a $5bn private equity fund to charge a 1.23% management fee, according to research from Asante Capital.
Complexity, opacity and a lack of standardization have slowed efforts to improve reporting, a conference has heard.
Provisions to allow this kind of borrowing are becoming better documented in LPAs, the co-head of Crestline's portfolio finance vehicle tells PEI.
SocGen’s dispute with some Abraaj LPs over an unpaid facility could have far-reaching consequences for the fund finance industry.
Private equity professionals who manage more than $20bn and have at least 16 years' experience earned $65m in carry last year.
US funds often offer a no-fault suspension of the investment period, which is relatively rare in European funds, according to a report from MJ Hudson.
Moana Moore joined as partner with responsibility for compliance oversight and money laundering reporting on November 6.
The Cost Transparency Initiative – which covers around £180bn of scheme assets – will run a pilot phase to test the new templates and supporting materials until January 2019.
GPs are finding ways to get round investors’ reluctance to pay fees for running portfolio companies.