Feinberg: GPs are ‘overpaid’
LPs should be paid back all their committed capital plus a preferred return before GPs start to collect carried interest, head of Cerberus Stephen Feinberg said at an industry conference.
28 January 2013•3 mins read
LPs should be paid back all their committed capital plus a preferred return before GPs start to collect carried interest, head of Cerberus Stephen Feinberg said at an industry conference.
