"Global Investment Group Seeks Fair Share of Fees for Pension and Sovereign Wealth Funds. In a move aimed at reducing costs and promoting transparency, a leading body representing pension and sovereign wealth funds is pushing for a major overhaul of the private equity industry. The group is calling for costs associated with buyout deals to be shared more evenly between investors and private equity groups, a move that could have significant implications for the billions of dollars invested in the sector. By seeking to shift the balance of power, the group hopes to achieve greater value for its members and promote a more equitable partnership between investors and private equity firms."
Body for pension and sovereign wealth funds wants costs shared between investors and buyout groups