Survey: Bespoke fees and expenses still standard

Only around a quarter of managers surveyed for our Fees and Expenses Survey 2020 use Institutional Limited Partners Association fees and expenses reporting templates, or a modified version. But it’s not necessarily that managers are simply ignoring ILPA’s efforts at standardization: PEF Services CEO Anne Anquillare says it is the LP community driving bespoke reporting.

People move: Administration solutions provider Crestridge has announced the appointment of Dean Hodcroft, former head of real estate for Ernst & Young London as well as chief financial officer and founding partner at Cale Street Partners, to succeed Graeme McArthur as the firm’s chief executive officer. Hodcroft will relocate from London to Jersey beginning in April 2021, and will take up McArthur’s post as chief executive beginning July 1, 2021.

Email prepared by Graham Bippart and Connor Hussey