Data analysis: How firms will handle fees for extended funds

What happens to the management fee when a firm runs out of time?

More than a quarter of respondents to our Fees & Expenses Survey had no provisions in their limited partnership agreements concerning what happens to the management fee should a fund be extended, and nearly 80 percent have no provisions determining who bears the cost of a restructuring. In this article, we explore how firms expect to deal with these unknowns amid the continuing economic uncertainty.

Email prepared by Graham Bippart