WSJ - Institutional investors have wondered why infrastructure funds, though appealing, have had similar fee structures to private equity funds even though the expected returns are much lower.

They might not need to scratch their heads any longer.

Amidst a ghastly fund-raising environment, firms have been lowering their fees on their funds to look better in investors’ eyes, and Wall Street titan Goldman Sachs Group Inc. is no exception.

Full Story...

Posted by rjorr at August 21, 2009 12:30 PM