LPs now more sophisticated, seek more info and value for money: Simmons & Simmons JWS

The fundraising environment has become much more competitive, so it is not surprising that there is a general feeling that the balance in the LP-GP relationship dynamics has been increasingly tilting in favour of LPs (or investors in private equity/venture capital funds), unless, of course, you are amongst the top end of the select leading GPs (fund managers), according to Long Jek-Aun, partner, Simmons & Simmons JWS, a joint law venture between Simmons & Simmons and boutique Singapore practice JWS Asia Law Corporation.