LPs don't want to share deal fees
While some GPs argue that the several forms of 'deal fees' are needed to support the operations of the firm, many LPs are pushing for 100% of these fees to go toward offsetting management fees.
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While some GPs argue that the several forms of 'deal fees' are needed to support the operations of the firm, many LPs are pushing for 100% of these fees to go toward offsetting management fees.
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