More than two-thirds of limited partners believe private equity fund restructurings pose conflicts of interest, according to the results of a survey conducted by Palico and released in October, Secondaries Investor reports.
About 68 percent of LPs responded that they felt general partners were potentially not fulfilling their fiduciary duties when it comes to restructuring a fund, compared with 34 percent of GPs who believe there is a conflict, according to online private equity fund marketplace provider Palico‘s Fall 2015 Global Private Equity Compass.
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