How do Private Equity Firms and its partners make money?
Fund of Funds - Private Equity
Hedge funds, venture capital, and private equity | Finance & Capital Markets | Khan Academy
How Private Equity Avoids Tax
A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity.
Private equity funds are typically limited partnerships with a fixed term of 10 years. At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund. From the investors' point of view, funds can be traditional or asymmetric.