Fees & Expenses

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.

Fees and expenses remain a top concern for LPs for whom carry distribution is also a worry, writes David Turner.

US-based associates’ salaries have surged 14 percent over the past 12 months, but managing partner pay has remained stagnant for the second year running.

Salaries for junior staff in Europe are rising faster than for those at the top of the tree. Rebecca Akrofie finds out what is driving the numbers.

As managers look at alternatives to a standard 8% preferred return and 100% catch-up waterfall, how does this affect how profits flow to investors and the manager? Goodwin’s Michael Halford and Benjamin Yeoh modeled them to find out

The agency will start spending less time working on new financial regulations, according to its chairman, Jay Clayton.

Clearer free structures are more important for LPs than a reduction in fees, research from State Street has revealed.

The tougher stance from the SEC on fees and expenses has had knock-on effects around the world.