Who pays investment management fees?
I'm wondering who is responsible for paying the investment management fees. Is it the investor themselves or someone else, like a financial institution?
What is a 2 and 20 fee?
I've heard about this '2 and 20 fee' in the context of investments and hedge funds. I'm curious to know what it exactly means. Could someone explain the breakdown and implications of this fee structure?
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?