Providence Equity Partners manages investment funds that invest in media, communications, education, and technology companies. Providence's services include identifying investment opportunities, structuring investments, and managing portfolio companies. The firm's clients are investment vehicles exempt from registration, and investors are generally required to be "qualified purchasers."
Providence Equity Partners does not directly manage investments for individual investors. They manage private investment funds, and the fees are disclosed in the fund's organizational documents. These fees are negotiated with the investors of each fund and may be reduced or waived.