GP stakes

An ownership interest, often a minority stake, in a private-markets manager business. Rights to management-fee profits, carried-interest interests and future activities depend on the acquired entities and agreement.

GP stakes in round numbers

Hypothetical: an investor purchases a 10% economic interest in a defined manager entity and the specified earnings streams covered by the agreement. This does not automatically confer 10% of fund assets, every fund’s carry or all gross revenue.

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