Terms & Conditions

The country’s tax authority has clarified rules on whether carry will be taxed as capital gains or income.

Two reports conclude transparency requirements are affecting the GP-LP dynamic and can be difficult to achieve.

The industry standard creates misalignment problems and needs rethinking for growth investors, says fund investor Dave Richards.

A higher carried interest ensures a better alignment between a GP and its LPs even if LPs end up paying more in fees.

The fact that Apax Partners shelved plans for its GP-led secondaries process shows that LPs' desire a genuine 'do nothing' option.

The firm’s COO, Tony James, sees the traditional 10-year private equity fund as ‘a bit of a treadmill’.

Details of the fund’s terms were revealed in documents prepared for Pennsylvania Public School Employees’ Retirement System.

Despite the buoyant fundraising market, it still pays for private equity firms to give LPs options on terms.

Several occupational pensions have endorsed the template, which has also been automated in partnership with SS&C Advent.

Brady Hyde, private equity portfolio manager at the world's largest package delivery company, is banking on active portfolio management as the firm joins the ranks of LPs doing more direct investing.