Limited partners have expressed a growing preference for the third-party fund administration model, and general partners’ interest in outsourcing is growing faster than ever. What attributes do fund administrators need to exhibit to satisfy GP and LP requirements?
The relationship between private equity and US labor unions has long been a rocky one. The issue is only getting more complex as some unions scrutinize firms – using tools now available as a result of industry regulation – while others seek to effect change from within as LPs.
To say today’s mid-market private equity CFOs have a lot on their plates is an understatement. Most finance teams are understaffed and expected to handle more functions than ever before, making outsourcing an increasingly key tool. pfm gathered two fund administrators and three private fund CFOs to discuss the ins and outs of finding a back-office balance.
For well over a decade, carried interest’s tax status has found itself in political crosshairs. But proposed policy changes in the UK, coupled with carry’s recurring cameo in the US presidential elections, point to change on the horizon.