The tougher stance from the SEC on fees and expenses has had knock-on effects around the world.
The Amsterdam-based benchmarking organization’s latest evaluation, which has received support from APG and PGGM, is intended for real estate firms that have begun to adopt sustainability practices.
Co-investments are becoming more frequent, but policies outlining who pays up when a deal falls through are not always updated at the same pace.
The recent case against Platinum Equity highlights how important it is to detail who will foot the bill for broken co-investment deals in LPAs
Whether an expense is assigned to the fund or firm varies from manager to manager.
Fund managers are including more detailed criteria in the valuations of private equity assets, according to a Deloitte survey.
Less than half of fund managers are ‘up to speed’ with investor information demands, a survey found.
Almost all funds the corporate pension invests in have the ability to use a subscription line of credit, according to UPS portfolio manager Brady Hyde.
LPs seem to have won the battle for lower management fees and carry, but hurdle rates are slowly falling.
The fund administrator will target US businesses and look opportunistically at deals in Europe.