PE fund of funds

sydneybound

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anyone know of a list of the biggest ones? i'm specifically looking at what mgmt fee they charge and performance fee.

either US or europe (or both) would be appreciated.
 
no list.. here is a typical one

Adam Street Partners, who are part of the UBS Group, are specialist private equity investors and have been operating since 1972. They currently manage US$9.5 billion (�5.3 billion) in private equity assets spread over 285 private funds and 35 direct investments in unquoted companies in the US, Europe, including the UK, and to a lesser extent the far East.......

Adam Street Partners operate three funds of funds in private equity, namely Global, US and non US. Their fees are an annual management fee of 1% plus a 10% incentive fee (or carried interest) on all net profits realised and distributed on purchases of funds in the secondary market. (Funds are normally bought in the secondary market at a substantial discount to net asset value.) The fees charged by the Managers of the underlying funds are usually in the region of an annual management fee of 2%, plus a carried interest of 20% of the profits on the realization of the underlying investments after all the original capital subscribed by investors has been returned to them.......
 
I agree with D99 that the above is fairly representative of the industry.

From a UK perspective other good examples are Pantheon and Harbourvest. Coller Capital own the secondaries market.

If you have any relationship with Cambridge Associates they will have beacoup de info on their databases.
 
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