All the students who took our 8 weeks training program, 90% of them found internships and jobs. Please click here https://www.cityinvestmenttraining.com/ to learn more.
Check our popular ebook "Top 100 Investment Banking Questions with Answers".
Click here to get your copy: https://www.cityinvestmenttraining.com/blog
Explain the fee structure of a PE fund – What is the 2-20 fee structure?
Customarily, PE funds charge two types of fees:
a. Management fee, and b. Carried interest
a. Management fee: This is c.2% of the funds raised and is independent of the performance of the fund. Assuming City Investment Venture raised £1bn fund then the management fee works out to be £20m annually. This fee is used to paying the fees of the fund’s employees, office rent and other admin related expenses.
b. Carried interest: Private Equity funds also share 20% in the profits of the fund, once its returns exceed the hurdle rate. The hurdle rate typically around 8 to 10% is the minimum return that the fund should generate before the PE fund can share 20% of the investment’s upside.
Despite the onset of Covid-19 and its accompanying challenges, our program registered a 90% placement rate for students on our 8 weeks training programs. Our students secure jobs at marquee investment banks such as Goldman Sachs, Credit Suisse, Morgan Stanley, Citi Bank and Deutsche Bank among others.
Please send your CV to info@cityinvestmenttraining.com to check your eligibility for the course.
Get your copy of our "Top 100 Investment Banking Questions with Answers".
Please click this link to get a copy of our popular eBook!
Visit this link to find out more about our programs: https://www.cityinvestmenttraining.com/programs