FS Tax Jeopardy

(Blank)

100

Main contributor of capital in a PE fund?

The Limited Partners

200

Manager of the fund?

The General Partner (GP)

300

The typical fee structure for private equity firms?

• A) 2% management fee + 20% carried interest
• B) 2% management fee + 18% carried interest
• C) 1% management fee + 20% carried interest
• D) No fees

• A) 2% management fee + 20% carried interest