Two paths diverge in a wood – Differences between U.S and European fund terms

The private equity industry today spans the globe, but the United States and Europe remain its two biggest markets. While there has been some convergence in the economic terms of American and European private equity funds in the past decade or so, there remain some significant differences in fund terms. Origins Although there is a…

LP Intel

Trumped-up terms? Does it pay to be an American GP? With an increasing tide of capital making its way over to the U.S., it is important for investors to be able to distinguish the principal differences between U.S. and European fund terms. Although managers on both sides of the Atlantic broadly adhere to certain core…