ILPA

“I'm gonna say ILPA, just because it has everything that we want and ask for, and it's an easily digestible format for these managers. It helps them not only with their reporting, but also with how they arrange their data.”

“I think in terms of governance, in terms of transparency, in terms of reporting, that whole notion of alignment of interest, if it's not going to happen now, it's never going to happen. It matters more than ever.”

“There are a whole host of GPs and funds that have been much more aggressive with sublines in terms of size. In terms of duration and in terms of usage. And so there are a material number of cases where those sublines really should be front and center as part o…”

“So the stress credit opportunity funds, secondaries down the line, I think that there's budding interest going to be growing interest. In those areas as we go forward, but relative impact and weight within member portfolios, traditional buyouts is where the fo…”

“What we heard from our LP members last week is that monthly is probably a reasonable expectation. I mean, as long as there is the opportunity to have conversations in the interim. We talked about the notion of biweekly that felt to most involved to be too much…”

“We just gathered about 500 folks for a town hall conversation late last week and asked that question. And the early read is that halls haven't changed dramatically in the short term, but folks are expecting to see some of that.”

“I think for a number of years now, the playing field has been tilted for a whole host of reasons, and it's been difficult for LPs in terms of terms negotiations, frankly, in some of the core aspects of the LP-GP relation.”