In an article published on October 12, 2017 by Pensions & Investments, Ed Klees and Mike Neus provide insight on fund structures and the differences between a separate account and a fund of one that institutional investors. The article details that one structure is not necessarily better than the other, and many aspects should be considered before an investor selects his or her “vehicle,” such as economics, transparency, termination, disclosure and costs. They emphasize, investors should remember there is a need for clear planning before selecting either vehicle, particularly for a one-on-one relationship. For the full article, subscribers may click here.
Stephanie A. Hood