ERA Partners is an alternative investment manager that manages private equity funds for institutional and high-net-worth investors. ERA identifies and evaluates investment opportunities, negotiates terms, manages investments, and handles dispositions. ERA's funds invest in operating entities, often non-public companies, and senior personnel may serve on the boards of these companies. ERA's services are detailed in the Funds' governing documents.
ERA Partners manages investments through privately offered limited partnerships and similar investment vehicles. ERA receives a management fee from each fund as compensation for investment advisory services. ERA also typically receives performance-based compensation or carried interest. The precise amount, calculation, and payment timing are established by ERA and may be modified through negotiations with investors. Investors also bear certain expenses as outlined in the fund's governing documents.