TA Associates Cuts Carried Interest
Boston-based private equity firm TA Associates has decided to cut the carried interest on its latest fund from 25% to 20%, peHUB has learned. The move has drawn applause from limited partners, including those whose investment committees might have balked at paying premium carry in this economic environment. The fund in question here is TA XI, which we're told has soft circles for most -- if not all -- of its $3.5 billion target.
17 March 2009•1 min read
