Jeffrey C. Hooke, "The Myth of Private Equity: An Inside Look at Wall Street's Transformative Investments" (Columbia Business School, 2021)
New Books in Economics
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Private Equity - What's the Difference?
If the fund does not out perform the public markets, or even if it loses money, you're paying two % a year. If your funds a billion dollars, that extra percentage could easily be another percentage fee per year. So just to cut to the chase, the typical fees combined for a private equity fund or three to four % off the top. That's something that you a federated could only dream of.
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