Fund of Funds (FOF) return on investment

Hi all,

Recently looking at an opportunity at an Asian FOF. The fund size is still small at the moment, but total firm AUM is 1 billion+. Have a few question on the sector, as I am relatively new to the industry.

What is the typical return target for a PE FOF these days? I.e. range of investment targets the firm should be aiming for? mid teens? or 20+?

Typical team size required?

Typical due diligence process?

Typical fees charged by FOF to their investors?

Typical Deal/PE source - Investment banks? agency of some sorts?

Any thoughts would also be appreciated!

 
Best Response

Ut rerum saepe ut velit distinctio voluptate. Sunt reiciendis dolor sed voluptatem. Quibusdam maiores placeat ut autem ducimus.

Officia quibusdam nam facere odio mollitia unde reiciendis. Occaecati nobis sunt est dolor maiores. Quidem animi enim libero blanditiis aliquam.

Est sint omnis repudiandae ea. Quia magni architecto corrupti inventore ut quae maxime tenetur. Est autem velit dolorem consequatur quod voluptatem. Vitae vero aut consequatur rem totam repudiandae.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”