Alex Lynn
PE skeptics 'have to acknowledge' that the asset class is worthwhile for LPs with the ability to significantly reduce their fee loads, Marcus Frampton says.
A stipulation that capital distributed to LPs via NAV facilities can be recalled is creating headaches for some investors.
-80x80.jpg "Insight Partners stung by $1.5m SEC fine")
The regulator said Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.