KKR, Advent, Apollo et al. endorse ILPA’s reporting template

The group of private equity firms that have expressed their support and adoption of ILPA's reporting template on fees, expense reporting and compliance disclosures between GPs, LPs and advisers includes CCMP, Hellman & Friedman and Silver Lake. They join The Carlyle Group and TPG, both of which backed ILPA's template when it was initially released in January.

ILPA said in a statement, 125 of its members have indicated they intend to use the standardised template in future fund negotiations with GPs. Additionally, 33 LP organisations have endorsed the template since it was published, bringing the total number of institutions supporting it to 56, according to the association. Similarly, the effort has seen support from 11 service providers that have indicated they will incorporate it into their services.

Upon the release of the template on 29 January 2016, ILPA described it as "the industry's first attempt to unify and codify the presentation of fees, expenses and carried interest information by fund managers to limited partners".

ILPA's efforts form part of a larger picture of increasing transparency and responsibility in private equity, a topic which unquote" has previously explored in depth.

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• Topics
• LPs
• GPs
• Advisory
• KKR
• Advent International
• Apollo Management
• Blackstone Group
• Hellman & Friedman LLC
• Silver Lake - London
• Carlyle Group
• TPG Capital
• ESG
• Fees and Transparency