Overhauling private equity’s fee model

LPs reacted negatively after being made aware of the fees they were being charged, suggests Phalippou

Private equity’s performers

Researchers: ‘Sophisticated’ LPs are aligning themselves with higher performing GPs

PE remains most expensive, despite fee pressure

Growth vehicles prove most costly to invest in

Private equity fees facing barbell effect

As management fees diverge, the mid-market is being squeezed

The fee validation crusade

Increased public pressure and new technologies push LPs to up fee scrutiny

MJ Hudson: management fees diverge

Firm’s 2018 Fund Terms Part 1 outlines trends in fund terms

Mixed appetite for standardisation

Reporting from Invest Europe’s CFO conference in Lisbon

ADS Initiative launches universal data standard

Newly-formed working group aims to recruit large global LPs

GPs must stop ‘sweeping things under the carpet’ to increase fee transparency

Industry-wide adoption of standardised fee templates remains major challenge

SEC fines Welsh Carson $779k over fees

Welsh Carson latest private equity firm to be fined

Super software solutions

Emerging software solutions created by private equity professionals could see the industry’s major hurdles quickly removed


Size matters in private equity fundraising, report finds

Adveq and London Business School research finds size critical to fundraising

Raising the bar: reflections on ILPA template

Shashi S and David AA Ross of Viteos Fund Services reflect on the ILPA reporting initiative and propose technological solutions for tackling the new challenge

ILPA reporting template raising the bar for transparency

CVC closes seventh fund on €16bn

CVC Capital Partners has closed its Fund VII on €16bn, making it the largest ever European buyout fund

PE remains largest expense as Calpers reduces costs

Calpers’ PE allocation provided the highest returns over five- and 10-year periods

LPs at fee disadvantage

As demand for private equity continues to outstrip supply, investors feel pricing power disadvantage.