Private Equity Wire

FEBRUARY 14, 2024

PARTNER CONTENT By Muhammad Akram, CPA Founder, Akram | Assurance, Advisory & Tax Firm Why fair value is so important Fair value impacts net assets/partners’ capital, potentially overstating performance and overcharging management and performance fees.

Venture Capital 88

Venture Capital Investing Best Practices Consultants 88

Pension Pulse

MAY 22, 2024

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. To generate $46.4 bps and below the 28.6

Investing 59

Investing Pension Funds Stakes Assets 59

The Big Picture

OCTOBER 17, 2023

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. 00:24:31 [Speaker Changed] We refund the fee.

Investing 52

Investing Capital Returns Shareholders 52

The Big Picture

MARCH 27, 2023

So it was a starting industry, very much sort of a venture capital type of business. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. So the magnitude is not even comparable. RITHOLTZ: Right.

Hedge Funds 112

Hedge Funds Funds Assets Financing 112

The Big Picture

FEBRUARY 28, 2023

This is where you went to get your risky venture capital exposure, or your highly leveraged equity exposure. And that comes from having our capital invested alongside theirs, and having very strict requirements for performance before we get paid performance fees. It was called an alternative asset class.

Assets 57

Assets Due Diligence Private Equity Firms Private Equity Firms 57

Private Equity Wire

JUNE 14, 2024

Ludovic Phalippou, a professor at Oxford’s Saïd Business School, authored the report — “The Trillion Dollar Bonus of Private Capital Fund Managers” — which covers private investment strategy groups including buyout firms, venture capital, infrastructure and distressed debt.

Taxes 76

Taxes Capital Buyout Performance Fees 76