Plunging asset values could cause a wipeout in carried interest for fund managers, pushing them to look for other means of funding commitment to future funds.

A lawsuit involving Blackstone and KKR’s hedge fund businesses could have a bearing on wider private markets.

Todd Boudreau argues that ILPA’s model LPAs can give emerging managers an edge in a highly competitive market, helping to attract new relationships and reduce the costs and complexities of negotiation.