1.0CEMhttps://explorecem.comIsha Sonihttps://explorecem.com/author/isha/Understand the ‘J-curve’ effect of program maturity on private equity fund fee benchmarking - CEMrich600338<blockquote class="wp-embedded-content" data-secret="DZ9XL2oYIZ"><a href="https://explorecem.com/understand-the-j-curve-effect-of-program-maturity-on-private-equity-fund-fee-benchmarking/">Understand the ‘J-curve’ effect of program maturity on private equity fund fee benchmarking</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://explorecem.com/understand-the-j-curve-effect-of-program-maturity-on-private-equity-fund-fee-benchmarking/embed/#?secret=DZ9XL2oYIZ" width="600" height="338" title="“Understand the ‘J-curve’ effect of program maturity on private equity fund fee benchmarking” — CEM" data-secret="DZ9XL2oYIZ" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
/*! This file is auto-generated */
!function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document);
//# sourceURL=https://explorecem.com/wp-includes/js/wp-embed.min.js
</script>
https://explorecem.com/wp-content/uploads/2026/03/martin-martz-W0EaIFjAck4-unsplash-scaled.jpg25601707Chris Flynn, Head of Research,Janjaap Weeda, Product Manager, Defined Contribution,Palwasha Saaim, Manager, Data Quality The question of whether program maturity distorts private equity fee benchmarking has important implications for how institutional investors interpret cost comparisons across peers. This research paper examines how the age and deployment stage of private equity programs influence reported fee levels,...