My understanding is that the underlying fund fees for the VG Harbourvest offering are not "typical PE fees" but rather closer to 1% than 2%.Appreciate the new discourse on this above
Feels very very expensive to me (fees for Harbourvest layered onto typical PE fees) and I also question whether through Harbourvest, we are getting access to the "best" firms in any case. Almost 3% fees plus carried interest creates a high hurdle for these investments to beat the small cap public equity market.
Plus, getting K1s is a huge pain in the butt IMO. I did it for 12 years awhile back and it always made tax prep more complicated
And 500K to commit here is substantial
Statistics: Posted by 2commaBH — Thu Sep 05, 2024 5:00 pm — Replies 39 — Views 5656
