86bps is an ok fee given that you had a VP running this who was on vacation for a number of key events during the deal (http://dealbreaker.com/2013/06/goldman-was-professionally-ne...)

PE firms pay a few hundred grand for senior level attention more often than you'd think. Fee grids are based off the complexity of the deal, and frankly the seniority and number of people involved. Banks think about the ROI of their salary payments on a daily basis