Thoughts on private equity and a few other obsessions. This morning I had coffee with a lady from one of the emerging Asian private equity fund of funds. She told me that her team considers the Australian LP obsession with management fees quite bizarre. I am hearing this from every side at the moment. There is a growing sense that our local LPs. Overseas, management fees are relatively far down the mid-market LP agenda. Just 4 - 5 .

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Thoughts on private equity and a few other obsessions. This morning I had coffee with a lady from one of the emerging Asian private equity fund of funds. She told me that her team considers the Australian LP obsession with management fees quite bizarre. I am hearing this from every side at the moment. There is a growing sense that our local LPs. Overseas, management fees are relatively far down the mid-market LP agenda. Just 4 - 5 .