Private equity groups are squaring up for a battle over fees amid pressure to lower the cost of their next fundraising. About 220 investors with up to $1,000bn in private equity have grouped together to demand buyout funds apply a framework of best practice including guidelines they have adopted as members of the Institutional Limited Partners Association. The most contentious issue it likely to be the ILPA’s demand that buy-out groups return all extra fees beyond the basic management charge to investors.

This entry was posted by Gwen Robinson on Tuesday, September 29th, 2009 at 4:52 and is filed under Capital markets, Private equity. Tagged with ILPA. Edit this entry.