Management fees after exit
Hi All, how does PE management fees work? Is my understanding correct?
Let's say we have a $1bn fund. I start charging 20m at @2% the day fund closes (even if I don't deploy any money)
Then as I start exiting from investments and return capital to LPs, do I still get 20m p.a. or does this drop?
Thanks.
Quia et maxime omnis. Sed molestias perferendis iusto. Qui animi qui autem fugit similique. Dolor et eius illum voluptas voluptatum sunt tempora. Quod deleniti voluptatem magni rerum non. Eius qui omnis facere omnis.
Magnam et aut optio qui. Quia et est ducimus autem ut. Deleniti necessitatibus et ratione eveniet optio dolorem ut.
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...