Not exact matches
Initially, Aquamarine, at the suggestion of advisers and lawyers to follow the
hedge fund industry standard, began
charging a 1 - and - 20 % fee structure, which is still modest compared to the
traditional 2 - and - 20 % that's
charged.
Investors should expect similar restrictions and high fees as the ones that exist with
traditional hedge funds: MetaStable requires a minimum investment of $ 1 million, and has a «2 and 20» structure for one of its
funds,
charging a management fee of 2 % of assets, and a performance fee of 20 % of the profits.
Barrack chalks that up to a shift in the investing landscape, as the
traditional model of private equity firms and
hedge funds that
charge high fees to manage money has become «an antique.»