A hedge fund launches with $300m ($272m from LPs). The fund charges 1.5-20 and has 21bps of
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A hedge fund launches with $300m ($272m from LPs). The fund charges 1.5-20 and has 21bps of other expenses. Given the gross returns below, calculate the fund's performance - net returns annually over five years assuming:
Expert Answer:
To calculate the funds net returns annually over five years we need to first understand the fee stru... View the full answer
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