Fees & Expenses

Tim Eberle, vice-president at fund services business Citco, makes the case for third-party verification of waterfall calculations.

A range of new models to share private equity deal profits between LPs and GPs are being used and they are making it more complicated for LPs to compare fund, according to the managing partner of one law firm.

The constraints prompted by the global financial crisis could be on the chopping block. In Part I of this regulation special, pfm analyzes the changes since the crash.

Junior private fund management staff are increasingly concerned the carried interest boat will pass them by, so may look to advisory positions for greater financial security

Potential business acquisitions are subject to intense due diligence by private equity firms, but a crucial element they sometimes miss – executive pensions – could unravel their plans, writes Rosalind Connor, a partner, at ARC Pensions Law.

LPs are calling for improved governance structures within funds, including better transparency on fees and performance calculations, according to data from Vistra.

Fees and expenses remain a top concern for limited partners but carry distribution is also a worry, writes David Turner

The firm was also accused by the SEC of failing to implement an adequate compliance program

To celebrate our 150th issue, pfm sat down with Mary Jo White to hear her views on the regulatory world. Nearly a year on from the interview, Claire Wilson looks at which of the former SEC chairwoman’s forecasts have proved accurate

The great and the good of private fund finance and compliance gathered first in New York, and then in San Francisco, to discuss the most pressing fund operations and regulation issues of the moment, and to look at what awaits them in 2018. By Claire Wilson.