Reality Labs has lost $10 for every $1 of sales this year.
Meta's third-quarter filing shows Reality Labs losing $4.1 billion on $443 million of sales. Its own guidance implies the losses rise again in the fourth quarter.
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SEI's Carlyle fund charges 0.75%. The prospectus puts the total at 3.05%.
The new SEI Carlyle Private Markets Fund lists a 0.75% management fee. Its own fee table puts net annual expenses at 3.05%, most of it charged inside the underlying funds.
Private equity bonuses will rise 7.5% at best. Equity bankers could see 30%.
Johnson Associates projects large buyout bonus pools up 2.5% to 7.5% this year and private credit down. Equity bankers are looking at 20% to 30%-plus, and carry is not in the numbers.
Six senior people left buyout firms for operating companies, Cloudflare among them
Six senior people left tracked buyout firms for operating companies this week. The firms kept hiring operators anyway.
KKR's record fee earnings now include roughly $220 million it used to report elsewhere
KKR reported record fee related earnings up 27%. Strip out a reclassification and the like-for-like growth is closer to 6% to 11%, with capital raised down 41%.