Financial Times FT.com

Private equity

Wave of dissent against buy-out high fees

By Kate Burgess and Martin Arnold in London

Published: October 11 2009 22:20 | Last updated: October 11 2009 22:20

Pressure is building on private equity groups to cut the fees they charge their backers.

Watson Wyatt, the investment consultant, which advises pension funds with $1,500bn in assets globally, has called for fairer terms and a clearer alignment of interests between buy-out firms and investors.

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