Private equity firms that raise funds worth $10bn (€8bn) or more could reap profits of more than $3bn over a decade.

A survey by Private Equity Manager magazine, which interviewed people familiar with private equity fundraisings, has revealed that managers receiving a typical 1.25% management fee during the first five years of the fund's life and 0.75% in the remaining five years stand to earn more than $800m in management fees.