Cheapest Funds (PE & HF)

Who are the cheapest funds out there? It could be Private Equity or Credit, lets say $5bn+ AUM. It doesn't have to be comp-oriented, but could also be crappy benefits such as 401K match, dinner stipend, health insurance etc. 

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Based on the most helpful WSO content, here are some insights into funds with $5bn+ AUM that might be considered less generous in terms of compensation and benefits:

Private Equity Funds:

  1. UMM PE Funds:
    • AEA
    • American Securities
    • Audax
    • Berkshire
    • Centerbridge
    • Francisco
    • Genstar
    • Golden Gate
    • GTCR
    • Harvest
    • Lindsay Goldberg
    • Madison Dearborn
    • New Mountain
    • THL
    • TowerBrook
    • Veritas
    • Welsh Carson

Credit Funds:

  1. Multi-Strat Credit Funds:
    • Anchorage Capital Group
    • Apollo Global Management
    • Bain Capital Credit
    • Canyon Partners
    • CQS
    • Davidson Kempner
    • D. E. Shaw
    • Elliott Management
    • GSO / Blackstone
    • HPS Investment Partners
    • King Street
    • Oak Hill
    • Oaktree Capital Group
    • Sculptor / Och-Ziff

These funds are known within the space, but specific details about their compensation and benefits packages can vary. It's important to conduct further research or consult with current or former employees to get a clearer picture of their offerings.

Sources: Good credit funds?, UMM PE List, Private Equity vs Megafund Credit, 20 Most Frequently Asked Questions - London Edition, PE Recruiting Guide

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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