The Alignment of Interests Association (AOI) continues to
seek fairer fee arrangements between hedge fund managers and
investors and has issued a new white paper titled, Hedge
Fund Fees: Achieving Greater LP/GP Economic Alignment.
The group concludes that there are a number of
'levers’ (such as management fees, incentive fees,
lock-ups, minimum commitment levels, hurdles, crystallisation
periods and clawbacks) that can be altered to create a better
win-win scenario for both...