Difference Btw Commited Capital and AUM?

In PE, is there a difference between committed capital and assets under management?

I was told that committed capital include only equity invested in the fund by limited and general partners while AUM is all the assets under management - that is, the number will be much higher than committed capital as the portfolio companies were bought using the investors' money and borrowed debt.

Is this true?

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Comments (6)

Mar 22, 2011 - 10:02pm

You should google and see if it comes up with anything before assuming people didn't google.
Population on this board is mainly college students...do you think we are at CFA L2?

Since you already know, I think it would've been much easier if you just answered the question instead of circling around.

Mar 22, 2011 - 10:36pm

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