There is a reason that GPs push for deal-by-deal waterfalls and LPs push for European-style, and it is illustrated in this post from fund formation lawyer Christopher Good, an extract from PEI Media’s book: The Definitive Guide to Carried Interest.
Elsewhere Brian Bonilla seeks some expert advice on cyber risk in the wake of Capital One’s cyber-breach last week. Have “an aspirational but realistic timeline of what happens in the first 12, 24, and 36 hours”, says Alysa Hutnik, the chairwoman of the privacy and information security practice at Kelley Drye & Warren.
And we’ve updated our list of compliance consultants to include details of Hardin Compliance Consulting.
Email prepared by Toby Mitchenall.