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Jason Glover Quoted on the Growth of Flexible Fund Terms in Private Equity International
02.05.16
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Funds Partner Jason Glover was quoted in Private Equity International in connection with a recent trend among private equity firms presenting investors with options on fund terms. The article, “Fund Terms: LPs Enjoy the Freedom of Choice” discusses how funds that are likely to be oversubscribed are looking to introduce innovations by offering investors a choice of terms. Jason notes, “It is helpful to be a fund that is going to be oversubscribed, so that you are confident that, if the innovation proves to in fact be unattractive to a small group of investors, then there is still sufficient demand for the fund to reach its hard-cap.”
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