Cost reduction
Even though a FoF carries additional cost in the form of management and performance fees, they tend to be lower and more efficient than the costs related to maintaining an in-house Private Equity investment program.
Source: Otterlei, J and Barrington, S. Alternative assets – private equity fund-of-funds. Special report, Piper Jaffray Private Capital, 2003.
INVESTMENT FUNDS ARE NOT COVERED BY ANY GUARANTEE FROM THE ADMINISTRATOR, FUND MANAGER, INSURANCE OR FUNDO GARANTIDOR DE CRÉDITO – FGC. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RETURNS. IT IS HIGHLY RECOMMENDED THAT POTENTIAL INVESTORS READ THE FUND'S OFFERING DOCUMENTS BEFORE ANY INVESTMENT DECISION IS MADE.
