CFA Practice Question

There are 139 practice questions for this study session.

CFA Practice Question

Management fees of private equity funds are paid to ______.

A. GPs only
B. LPs only
C. both GPs and LPs
Correct Answer: A

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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