Quote:
Originally posted by Greedy,Greedy,Greedy
And this depends heavily on fund size - the old $100 million dollar funds usually made very modest amounts off the 2%; the more recent billion dollar funds with the same number of GPs have found the 2% to be a goldmine.
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I would think. It's only if you achieve returns of more than 10% per year before the 20% exceeds the 2%. In a rising market, that's going to happen. But the 2% isn't nothing.
