Insight Center: Publications

Fees and Expenses 2016: A PFM Benchmarking Survey

Authors: Julia D. Corelli, Stephanie Pindyck Costantino, Irwin M. Latner and P. Thao Le

November 2016
Fees and Expenses 2016: A PFM Benchmarking Survey

For the past two years, regulators at the Securities and Exchange Commission have been focusing more on fee and expense violations in private equity. There is a call for clarity in the industry and to help shed light on this issue, Pepper Hamilton, in partnership with PEI, PEF Services and WithumSmith+Brown (Withum), joined forces to conduct a survey of CFOs and industry professionals across the United States to ask about their current fees and expenses policies.

In “Fees and Expenses 2016: A PFM Benchmarking Survey,” you will find answers to how 101 U.S. alternative fund managers handle their fee and expense allocations to compare with your efforts; analyses looking at attitudes toward SEC examination, operating partners, deal expenses, and co-investment by pfm writers; as well as accompanying commentaries by senior executives from Pepper, PEF Services and Withum.

The material in this publication was created as of the date set forth above and is based on laws, court decisions, administrative rulings and congressional materials that existed at that time, and should not be construed as legal advice or legal opinions on specific facts. The information in this publication is not intended to create, and the transmission and receipt of it does not constitute, a lawyer-client relationship.

Data protection laws have changed, so we have revised our Privacy Policy.