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Basic Question 5 of 16
Management fees of private equity funds are paid to ______.
B. LPs only
C. both GPs and LPs
A. GPs only
B. LPs only
C. both GPs and LPs
User Contributed Comments 2
| User | Comment |
|---|---|
| ankurwa10 | See the GP as the Investment Manager and LP as investors. So, investors would not really manage their own money (why go a PE player then at all), hence only the GP takes the management fee. |
| ibrahim18 | @ankurwa10. You seem to be the author of AN. Nice work. Comments on every section |
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Edward Liu
Learning Outcome Statements
explain features of private equity and its investment characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 3.