Private equities say new fee disclosure rules flawed

Private equity and venture capital funds have urged the Australian Securities and Investments Commission (ASIC) to address the “flawed implementation” of new fee disclosure laws and warned of the consequences for the sector and mum and dad investors, according to the Asian Venture Capital Journal’s (AVCJ) Annual Private Equity and Venture Forum.

by | 6 Mar, 2017

The industry said that the lack of clarification from the regulator on the indirect cost concept may lead to increase the management expense ratios of high performing private equity funds which would subsequently have adverse consequences for the sector and their mum and dad investors.

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