Corporate governance system

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Reference no: EM133063101

Using the information in the following table, which of the following firms likely has the best corporate governance system?

                 

Firm A

Firm B

Firm C

Key Main Clause

Yes

Yes

No

Management Fees

1.5%

2.0%

2.3%

Transaction Fees

The split between LPs and GP is 50/50

The split between LPs and GP is 50/50

GP share is 100%

Carried Interest

25%

20%

22%

Hurdle Rate

10%

8%

9%

Clawback Provision

Yes

Yes

No

Distribution Waterfall

Total return

Total return

Deal-by-deal

Removal for Cause Clause

Yes

No

No

 

Reference no: EM133063101

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