2023 in review

After our Annual General Meetings in May, an opportunity to reflect on the past year, we feel like celebrating the results we helped facilitate for our investors in 2023 and the progress of Advantage.

The details

Here are a few facts that we are particularly proud of:

• Advantage currently manages 25 funds on behalf of over +650 European investors
• All funds made a profit in 2023 (except two due to early J-curve effects), despite it being a difficult year in private markets
• Earnings amounted to USD 53.7 million, an increase of 162% compared to 2022
• Our clubs help institutional investors save USD +9 million in management fees annually
• The fund managers in our PE programs created combined average returns of 12% in 2023
• And for our infrastructure fund managers this number was 13% 

And 2024 seems to continue the positive trajectory. A big thank you to our club members and investors, our fabulous colleagues, and other collaboration partners. We look forward to continuing the journey. Have a great summer.