kaal:claim:2959730-005

The historical private fund management fee of 2% has shifted in recent years to roughly 1.0% for new managers and 1.5 to 1.8% for established managers with an adequate track record.

Source quote, verbatim

However, the historical fee of 2% of commitments through the reinvestment period, then 2% on the cost basis for the investments/value of fund has shifted in recent years closer to 1.0% for new managers and 1.5-1.8% for established managers with an adequate track record.

From

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), II. Changing Fee Structure, p. 5
https://ssrn.com/abstract=2959730 · source PDF

Cite as

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730

Holds when

private equity and hedge fund managers
established managers require an adequate track record

Classification

empiricalsupport: evidencedprivate-funds

Related claims

restated_by kaal:claim:2998033-027 Private fund management fees have compressed materially: the historical two percent of commitments has shifted...

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