Private equity seeks to fix its reputation and answer fee scrutiny

August 31, 2016

August 31, 2016

The local private equity industry has conceded it has work to do to fix its reputation after the collapse of Dick Smith and as it continues to face scrutiny from super funds over fees.
 
The historically low interest rate environment and fierce competition for assets is also making it difficult for the buyout industry to deploy $6 billion in funds for new investments.
 
These are among issues to be debated as about 350 attendees converge on Melbourne for the annual Australian Private Equity & Venture Capital Association Limited (AVCAL) conference.
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Source: Financial Review