.jpg?id=12885321468 "GPs clear up transparency issues")
Just over half of LPs have experienced greater transparency from fund managers since 2015, a new report claims.
A commentary on the American Investment Council’s website criticised ILPA’s guidance on private equity’s use of subscription credit lines.
In the next 10 years, half of private equity managers will move to charging only on invested capital, predicts Richard Clarke-Jervoise, a partner at family office Stonehage Fleming.
.jpg "Commercial due diligence: the value in an active approach")
Commercial due diligence can give private equity firms the edge in the bidding process.
Funds engaging in sponsorless lending often point to more legwork as a way of justifying higher fees for a higher-risk product. However, the situation is not always straightforward.
.jpg "GP fee comparisons are 'not useful' without standardization")
State level action could escalate difficulties in comparing fees across US private equity funds.
The debate over waterfalls has always been presented as a choice between two opposing styles, but it doesn’t have to be that way. Augentius’s Gaurav Marwah and Hugh Stacey tell us why.
The Pennsylvanian pension scheme wants to clarify the impact of manager fees on returns and increase the transparency of fee reporting.
TPG’s time cap on fund facilities highlights the heated debate on their use.
The use of subscription facilities by funds has seen its criticism, but the practice is not without its positives write Thomas Smith and Almas Daud.