Limited partners (LPs) are keeping a close eye on distributions as the broader environment gets tougher for managers.
“The critical thing for LPs to determine right now is, which of the track records are truly repeatable, and which are not. There is no guarantee that the next 10 years are going to be as good as the last ten,” Doug Coulter, partner at Switzerland-headquartered LGT Capital Partners, told DealStreetAsia in a recent interview.