Newsletter: Fee Transparency and Carried Interest

It has been a busy 2016 year-end and even busier quarter for us recalculating carried interest for Limited Partners (LP) clients. Carry validation is becoming more and more popular with LPs due to the pressure from various stakeholders such as trustees, retirees (in the case of public pension plans), regulators, the general public, the media and other stake holders, and in some states in the US even fee transparency legislation has been passed as a result of the public interest in the matter. 

In the latest newsletter, we review the six most common reasons for variances between LP carry estimates and GP-provided carry numbers found during LP carry recalculation. 

Read it here.