How do Private Equity Fees vary across Public Pensions?
收藏NBER2022-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29887
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资源简介：
We study how investment fees vary within private-capital funds. Net-of-fee return clustering suggests that most funds have two tiers of fees, and we decompose differences across tiers into both management and performance-based fees. Managers of venture capital funds and those in high demand are less
提供机构：
美国国家经济研究局
创建时间：
2022-03-01
