How to keep a lid on legal bills

Last month we flagged some insight on sister publication Regulatory Compliance Watch on how to be cost-efficient when working with outside counsel. The article is now available to Private Funds CFO subscribers in full here.

Elsewhere, more data points and anecdotes on subscription credit facility use from the BVCA Forum last week: Triton Partners, which raised a €5 billion fund last year, provide investors with internal rate of return data inclusive and exclusive of the effect of fund finance, while Phoenix Equity Partners, which raised a £415 million ($525 million; €477 million) fund in 2017, issues just two capital calls per year to investors.

Email prepared by Toby Mitchenall.