Our Preqin Capital Fund Terms Advisor assists GPs, LPs, and their legal and investment advisers by providing detailed information and benchmarks on the key economic and non-economic terms across private capital. We draw on Preqin Pro data to cover headline management fee rates and the mechanisms for reducing them, charging intervals, transaction and monitoring fees, fund organizational expenses, and distribution mechanisms. You will also find details of advisory committees, GP and minimum LP commitments, and how changes to contractual terms are handled with ‘key-man’ provisions and no-fault divorce clauses. Our guide shines a light on the range of current practices and how fund terms are evolving in response.
New coverage for 2022 includes a contribution by Paul O’Shea, SVP of Colmore’s FAIR product, in which he expertly surveys the fee universe against the backdrop of the changing capital flow in private markets and the growing size of funds globally.