And only one type is sustainablehttps://twitter.com/AlexBangash/status/923259627231416320 …
That said, those motivated by carry and not fees can also be an absolutely terrible investment. Investors must demand skin in the game.
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True. Skin in the game is addressed by asking GPs to invest a significant amount of their own money into the fund.
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Yup, word.
End of conversation
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