Underpaying PE Funds Relative to Fund Size
Which PE firms underpay relative to their fund size. As a start: AKKR is 250 for a $5.3bn fund in SF and HIG is 270 for their $5.5bn MM fund. Seems like general comp for 4-6bn funds is 300+, so those are both underpays. Wondering what other well-known firms fall in this category.