Investors may be in the driver’s seat these days when it comes to partnership terms and conditions. But through separate accounts and side letters, big investors are driving down costs and building ...

Side letters have become widespread in PE Bain allows only necessary legal, regulatory terms Third Asia fund closed this month on $3 bln Bain Capital took advantage of the popularity of its third Asia ...

Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these transactions happen offline through an opaque ...