Private Funds Management's Fees and Expenses Survey
In 2014, Pepper Hamilton joined forces with pfm to produce a
benchmarking survey to see the fee practices of U.S. fund managers. The topic was met with great interest and we have decided to revisit it.
The SEC continues to push private fund managers to bring their fees and expense practices in line with organizational documents and to provide greater transparency on how they are allocated. ILPA is trying to establish consistent
standards for fee and expense reporting and compliance disclosures. Now even the State of California, through Assembly Bill 2833, wants to have a say in fee reporting practice.
Against this heightened pressure, private equity fund managers need to know how their peers are responding.
In partnership with PEF Services, Pepper Hamilton and Withum,
pfm is asking CFOs and other industry professionals how they share expenses with investors, and what fees they charge to portfolio companies.
Please feel free to share this with the appropriate people in your firm.
The objective of the survey is important: to provide GPs with a benchmark to compare and review their practices with others.
In return for your participation, you'll receive a complimentary copy of the results. pfm will also make a $5 donation to UNICEF for every completed survey they receive.
The deadline for submission is Friday, July 1, 2016.
Confidentiality: Your submission is entirely confidential. We will not identify which firms aided us in the process.
Length: Approximately 10-20 minutes.
If you have any questions about the survey, please do not hesitate to contact kevon.d@peimedia.com.
Content contributed by attorneys of Troutman Sanders LLP and Pepper Hamilton LLP prior to April 1, 2020, is included here, together with content contributed by attorneys of Troutman Pepper (the combined entity) after the merger date.