kaal:claim:2959730-012

Private investment fund management fees deviate from the market rate of 1.5% to 2% of the fund's capital commitments because affiliates and other employees of the investment manager who invest in the fund are not charged management fees.

Source quote, verbatim

In recent years, private investment fund management fees can deviate from the market rate of 1.5%–2% of the fund's capital commitments because affiliates or other employees of the investment manager who invest in the fund are not charged management fees

From

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), III. Factors Creating Downward Pressure on Fees, p. 7
https://ssrn.com/abstract=2959730 · source PDF

Cite as

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730

Holds when

funds with affiliate or employee investors

Classification

mechanismsupport: arguedprivate-funds

Verify

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Attestation record: colloquium/attestations/a66253fbd26aec9e...json
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