What is the 2 20 rule in private equity?
Excuse me, could you please elaborate on the concept of the "2-20 rule" in the context of private equity? I'm curious to understand the specifics of this industry standard and how it applies to the management fees and performance incentives for private equity fund managers. Could you also provide some insight into the rationale behind this rule and its potential impact on the industry?
What is the 2 20 rule?
Excuse me, could you please clarify what the "2 20 rule" refers to in the world of cryptocurrency and finance? I'm curious to know if it's a specific regulatory guideline, an investment strategy, or perhaps a rule of thumb that practitioners in the field tend to follow. Could you elaborate on its purpose, origin, and how it's commonly applied within the industry?