In a market filled with dry powder, record breaking funds and quick fundraising cycles, the pendulum has swung back from an LP-favourable market to a more balanced GP/LP market.
TMF Group in association with Real Deals will check in with GPs, LPs and advisers to discuss:
- How fund terms have changed over the past five years
- What fund terms currently look like across the board
- Who has the power currently when it comes to negotiating fund terms – GPs? Or LPs?
- Are there particular areas of the market where investors have more power to achieve favourable terms from managers, and vice versa?
- What both sides need to be mindful of when heading into negotiating fund terms
- What are the common sticking points in these negotiations
- What factors will swing this dynamic towards either managers or investors in future?
