Fees and expenses: best practices for compliance

In the last of a four-part series on fees and expenses, Tom Angell, practice leader of private equity and venture capital at WithumSmith&Brown, advises how fund managers can better handle the issue

Many fund managers are adjusting their limited partner agreements or creating policies and procedures around the issue, according to a WithumSmith&Brown survey on fees and expenses.

Among his best practice advice Tom Angell, private equity and venture capital practice leader at the firm, recommends that firms have these compliance policies in place and be able to document the reasoning behind certain allocations. Watch the video to find out what else he recommends.