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2024-09-27 05:19:32
Regardless of whether or not this was bribery or anything else nefarious, a typical investment or hedge fund would charge 1-2% of the AUM annually as a management fee, and 15-20% of the profit. It’s not unusual for these firms to not realize profits for a number of years. [Link]
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2024-10-08 12:41:11
NNN - even going by the proposed notes logic, 2% of $2 billion is only $40 million not $115 million and 10% -15% of 0 profits is $0
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