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Coller Capital launches PE secondaries fund for HNWIs

Private Equity Insights

C-SPEF is available to both US taxable and tax-exempt investors and offers monthly subscriptions and quarterly redemptions, a lower minimum than traditional private market investments, and 1099 tax reporting. The fund does not charge a performance fee and waives its management fee for the first year.

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Tough fundraising environment sees PE management fees drop to record low

Private Equity Wire

According to data from industry expert Preqin, the average management fee for buyout funds that closed or were still raising capital as of June 2024 dropped to 1.74% of investors’ committed capital, down from the previous low of 1.85% in 2023.

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Carlyle’s CEO reveals revival plan

Private Equity Wire

Harvey Schwartz, CEO of The Carlyle Group, the world’s fifth largest private equity firm, and former President and Co-COO at Goldman Sachs, has set new targets for the private equity firm’s growth and profitability, after a period of high interest rates and senior management issues, according to a report by the Financial Times.

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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

The most active area has been subscription lines to date, which as you probably know, subscription lines to private equity firms have had virtually no defaults over the last 30, 40 years. And when that happens, we'll get these unrealized performance fees that happen on a regular basis. So we like that area.

Assets 130
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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.

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Transcript: David Layton

The Big Picture

. ~~~ BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, another extra special guest from the world of private markets, the Partners Group is probably the largest private equity firm you’ve never heard of, perhaps because they were originally headquartered in Zug, Switzerland. in Colorado.

Assets 59
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J.P. Morgan Asset Management launches first Eltif for private market exposure

Private Equity Insights

performance fee, subject to a 7% hurdle rate. Read more Gaw Capital leads $1bn acquisition of Tokyos Tokyu Plaza Ginza Hong Kong-based real estate private equity firm Gaw Capital, in partnership with Singapores. Morgan Asset Management launches first Eltif for private market exposure J.P. read more J.P.