Hedge Fund Fees Firm With Rebound as LBO Fees Bow to Pensions

Robert Sutton is quoted regarding hedge fund fees in the current economic situation.

“In the previous downturn, a number of managers were forced to lower fees,” said Robert Sutton, a partner at New York-based Kirkland & Ellis LLP, who advises hedge funds. “It took some time before they could command higher fees for new investments again.” 

This article appeared in its entirety in the August 3, 2009 edition of Bloomberg.