TPG, Hellman & Friedman boost management fees on new funds: Bloomberg

Buyout shops including TPG and Hellman & Friedman are increasing management fees on the funds they’re looking to raise, Bloomberg reported. The move follows similar actions from Apollo Global Management and Blackstone in recent years, the story said. Hellman will charge a higher management fee of as much as 1.25 percent compared with 0.75 percent on its previous pool once the investment phase is completed, the story said.