Alignment of Interest

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

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’.

Plans to simplify the limited partnership agreement are ambitious, lawyers say.

The Alaska Permanent Fund’s approach to private equity provides a glimpse of how the asset class will develop.

In the face of rampant LP demand, should private equity firms worry about the industry’s wider reputation?

The range of carry models being employed make it more complicated for LPs to compare funds, says MJ Hudson managing partner Eamon Devlin.

Junior private fund management staff are increasingly concerned the carried interest boat will pass them by, so may look to advisory positions for greater financial security

The stars of the smaller end of the buyout spectrum may one day have no need for external investors.

Finnish LP Katja Salovaara on how subscription credit lines have made life trickier for investors in private equity.