“We take 2% fee on the money that we manage.”

The Gstaad Guy Podcast · 20VC Founder: Harry Stebbings - Media, Venture Capital, & What It Actually Costs to Win

Play from 7:39
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What was described

charge a 2 % management fee on assets under management

2 %

Said nearby on the same subject

“We recruited the team that managed a mass, a much larger business. A bit like bringing in an asset manager who was managing $100 billion to go manage a billion dollar portfolio.”
BA
Bill Ackman
Equity Mates Investing Podcast ·
How they work $100 billion, $1 billion Share this moment
“We took this from you. Six billion dollars in assets under management ... to around 146 billion dollars 20 years later.”
HL
Hamilton Lane
The Compound and Friends ·
Hard number $6 B → $146 B over 20 years Share this moment
“He explained that becoming a minority or passive owner in an asset management firm, a GP, has three distinct benefits… management fee typically around 2% per year… firm typically gets 20% of the profits.”
♫
Said on Tony Robbins Podcast Daily
Why it worked 2% management fee; 20% profit share (carried interest) Share this moment
“Within two years, we were bringing in as many assets under management a month as either of those firms had ever done in a year… we really just went out and told a more clear, concise, powerful story”
CS
Chris Smith
Financial Advisor Success ·
How they work Share this moment

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