Overhauling private equity’s fee model
Private equity portfolio company fees could be seen as a "profit centre", despite arguments they are a fair compensation for work, academic Ludovic Phalippou claims.
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Ludovic Phalippou claims PE's hidden fees are a "profit centre"[/caption]
In a working paper, soon to be published in the Journal of Financial Economics, Phalippou looks at the way in which GPs charge added fees, which can include monitoring fees, transaction fees, and additional charges for debt restructuring and add-on acquisitions.
Ludovic Phalippou claims PE's hidden fees are a "profit centre"[/caption]
In a working paper, soon to be published in the Journal of Financial Economics, Phalippou looks at the way in which GPs charge added fees, which can include monitoring fees, transaction fees, and additional charges for debt restructuring and add-on acquisitions.Profile: