Since Friday, some of the industry’s biggest players, including The Carlyle Group and the California Public Employees’ Retirement System, have given their backing, but not everyone at the forum was convinced. Several audience polls suggested lackluster industry engagement, with nearly half of attendees viewing the template’s release as a negative development, while almost 80 percent admitted to not providing feedback when offered the opportunity.
Nor are all LPs convinced. Some at the forum worried about the overwhelming flow of information that will come their way with the new template.
“I believe sincerely that the outcome is best achieved when we work together in partnership,” Freire told delegates.
Freire asserted that by having the industry body address such a task, it can limit additional regulation and scrutiny: “The ball is in our court.”