Fair BY

Private Equity

Meet Validated fees
Your Challenge

Private equity fees are complicated. This complexity limits their clarity. While GPs deliver great reporting, we know that due to your fiduciary duties to your stakeholders and increasing legislative and regulatory pressure, you’d like the option of third-party fee validation. A full forensic audit can often run away with money and is a one-off exercise. There is another way.

Our Solution

FAIR helps track, validate, and benchmark fees in a simpler, more cost-effective way, so you gain greater confidence in your underlying fund charges.

How we Do It

Fee Tracking

On-going service

On a quarterly basis, we track your management fees, carried interest and expenses

Light-touch

We work off existing GP documentation and industry fee templates, providing a non-intrusive tracking service

Reporting

We deliver easy to understand reporting on individual funds and your cumulative portfolio. Need a custom output? Don’t worry, we probably already have it covered.

VALIDATION

We review every LPA and Side Letter to understand your unique terms, and model expected vs. actual fees, and we investigate/resolve any variances

EXPERIENCE

Discrepancy?! Don’t worry. As a former LP, we can manage the delicate conversation with GPs to ensure that we have all the required data inputs

Term Alignment Benchmarking

ONE-TIME REPORT

Receive a committee ready report which demonstrates how aligned a prospective fund is to market. Ready in as little as a week

EXPEDITE DUE DILIGENCE

Demonstrate robust fee & term diligence through our committee ready reporting. Gain confidence at speed

COMPARATIVE ANALYSIS

We provide easy to understand comparative data, so you know exactly where your fees and terms sit in the market

ACTIONABLE INSIGHT

We give you the information you need to empower your GP negotiations: bring empirical data to the table to support your position

DRIVE ALIGNMENT

Our report allows you to easily understand the alignment of terms, and if they favor you or the GP

We’ve Got
You Covered

Colmore is the world leader in these services, supporting some of the largest Limited Partners globally.

Try It Out

4 Little letters that
bring clarity to your
private asset fees

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Calculate Fees

We estimate you’re paying at least $X in annual fees. Receive independent validation for as little as X% of these fees.

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