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PE investors more exacting on fees: L Capital

Sanjay Gujral, managing director at the Asian private equity arm of luxury group LVMH, notes growing LP demands around transparency and flexibility when it comes to fees, among other things.
PE investors more exacting on fees: L Capital
Private equity firms may be posting decent performance this year, but they are under growing pressure to provide more transparency and flexibility as regards fees and contract terms. Moreover, following reports this year that some private equity firms have been systematically overcharging clients, PE managers, including those in Asia, are said to be questioning the traditional practice of self-administering their funds (as detailed in a feature in AsianInvestor’s October magazine …
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