alignment of interest

Institutional investors are coming up with new ways to back managers before they take off.

GPs have more skin in the game, according to a survey by MJ Hudson – but whose skin is it?

There are specific, practical steps that LPs can take to improve fund controls and reduce the risk of wrongdoing.

In the final instalment of a three-part series, long-time limited partner turned consultant Ray Maxwell reflects on shortcomings of the hurdle rate in private equity and proposes an alternative.

Head of global private investment research Andrea Auerbach discusses a market in which fees are becoming harder to track and GPs are on the front foot, in this in-depth 25-minute video interview.

Long-time limited partner turned consultant Ray Maxwell says private equity should benefit from either significant carried interest or high fees – but not both.

Chartered tax advisor Peter Abbott of Macfarlanes explains the UK tax implications of the move.

If one US state enacts legislation to tax private equity execs more heavily, a host of others could follow.

One investor said the original rate was ‘just not a standard hurdle’.