News & Analysis

Fees and expenses: the industry responds

In the third video of a four-part series on fees and expenses, Tom Angell, practice leader of private equity and venture capital at WithumSmith&Brown, outlines how the private equity industry responded to SEC enforcement actions.

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Private equity firms became more transparent in their fees and expenses disclosures after the Securities and Exchange Commission took enforcement action against a number of large fund managers.

Tom Angell, practice leader of private equity and venture capital at WithumSmith&Brown, discusses the concrete action firms have taken, and how the fees and expenses issue has evolved.


Next week: Angell provides recommendations on how fund managers can better handle this issue.