LP highlights misalignment of interest with GPs

т€œBill, if youт€™re in the room, I can understand why Carlyle kept the preferred return at 8%т€, said Sandra Robertson, chief investment officer at Oxford University Endowment Management, of William Conway Jr, co-founder and managing director of the Carlyle Group, at the BVCA Summit today. т€œWhere is the economic generator in Carlyle? Itт€™s not the carried interest, itт€™s the fees.т€ Amy King reports