Flexibility is the name of the game.
European private equity firms that have raised funds over the past 18 months have increasingly sought more freedom to invest over a longer time period, according to research from law firm Proskauer.
Private Equity
Fund terms become more flexible as investors hand PE fund managers more discretion
The proportion of buyout funds that gave general partners the discretion to extend the life of a vehicle without having to get approval from limited partners has doubled
