Administrators generally agreed that there continues to be increased scrutiny placed on the various fees, and investment practices in general of private equity funds, and that this sentiment has likely driven TPA adoption. Among consultants and LPs surveyed in eVestment'sPrivate Markets Due Diligence Survey, 43% of respondents said they "always" recalculated PE managers' track records during investment due diligence and 33% said they "often" recalculated track records. While there was consensus around the need for increased transparency, or at least the capability to produce additional information if requested, firms were mixed on reporting standardization.