Chart of the Week: Many LPs skip funds because of terms

The power balance between LPs and GPs in private equity swings back and forth like a pendulum, but these days  that balance seems weighted on the side of the LPs. According to Preqin’s 2017 Private Capital Fund Terms Advisor Report, more than a quarter of LPs routinely decide not to invest in a fund because of unfavorable terms and conditions. Less than a tenth claimed it never happens.