At the New York Forum, Keith Read – president, business finance and senior managing director at Cerberus Capital Management – said investors should focus more on returns than fees and also made the point that LPs are being overwhelmed by data and may be looking in the wrong places for the information they need.
WATCH: Cerberus ‘won’t compete on fees’
Keith Read of Cerberus talks to PDI at our New York Forum about the importance of absolute returns and the complexity investors face in making the right manager selections.
