Abstract
When one thinks hedge fund fees, the phrase “2 and 20” — meaning a 2% management fee and 20% performance fee — usually comes to mind. This wasn't always the case.
Full Citation
Pensions & Investments
.
March 06, 2017.
When one thinks hedge fund fees, the phrase “2 and 20” — meaning a 2% management fee and 20% performance fee — usually comes to mind. This wasn't always the case.