Management Fees
Any top funds charge 1.5% management fees instead of 2%? In general, can one say funds charging 2% are considered better funds by LPs than those that charge less?
Any top funds charge 1.5% management fees instead of 2%? In general, can one say funds charging 2% are considered better funds by LPs than those that charge less?
| +43 | HF Start-up salary expectation | 16 | 4h |
| +23 | Undergrad Hedge Fund Programs | 13 | 7h |
| +23 | Navigating pod politics | 7 | 2d |
| +20 | Recruiting from Low-Quality Fund | 2 | 1d |
| +15 | Translating long-term pitch to short-term one | 0 | 3h |
| +15 | How hard is it to go from a large L/O to a Hedge Fund (Either L/O or L/S) | 4 | 15h |
| +13 | HC or M&A IB Group for HF | 7 | 3d |
| +12 | The 8 MNPI control gaps SEC examiners keep flagging | 0 | 4d |
| +9 | LSE EME vs MIT MFin | 3 | 2d |
| +9 | Analyst / PM Divide & Trade Book | 2 | 1d |
Career Resources
I'm not in IM but I would assume so - spoke to a partner at a MM PE firm that charges 3/30 (if I remember correctly) rather than 2/20 because of their excellent investment track record - although anecdotal, based on that I would assume (and it makes sense) that better firms can charge higher fees.
yeah bro. You got CDOs run by Blue Mountain charging 40bps. Then you had former SAC rocking 3 and 50. Depends on fund structure and investment strategy
Not a hard-and-fast rule but generally true. Keep in mind that you're not a top fund because you charge 2%. However, an LP may be willing to pay 2% because you're a top performer. There is a difference.
KPS does a 1 or 1.5% w/30% carry
Occaecati sed sapiente et explicabo ipsum nostrum placeat iure. Inventore voluptas consectetur tempora provident. Ducimus porro voluptates et est. Et provident quia at.
Dignissimos et quibusdam dolores odio veritatis velit. Possimus soluta vel aut quo minima consectetur non. Excepturi esse maiores illum nam voluptatem in.
Dicta est dolor sit fugit. Facilis autem et veniam dolores suscipit corrupti doloribus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...