Cracking Down on PE Fee and Expense Allocation Practices
Troutman Sanders lawyers John McDonald, Michael Weinsier, James Kaplan, John Owen Gwathmey, Coby Beck, Andrea Farley, Olivia Lee, Paul Steffens and Alec Watson had their article “ Cracking Down on PE Fee and Expense Allocation Practices” published on October 16 in Law360.
“Private equity sponsors are coming under fire on multiple fronts from allegations of conflicts of interest, primarily focused on fee and expense allocation practices” the team stated in their summary of the article that first appeared in Troutman Sanders' Fall 2015 Private Equity Quarterly. “This article briefly summarizes those conflicts of interest and provides some proactive steps that private equity sponsors can take to help address them.”