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Research

Does ‘2 and 20’ still exist?

New research of hedge funds managers by Preqin shows it is clear the idea of a ‘2 and 20’ fee structure is outdated and, although less succinct, a more accurate reflection would be a “1.63 and 17.21” formula.
Uncategorised posts

CalPERS’ CEO and CIO performance on offsite agenda

The full board of administration and the executives of CalPERS are conducting a three-day offsite, entitled Defining Our Future Now, which includes a number of closed sessions regarding chief executive and chief investment officer performance and employment matters, in addition to open forums on a number of strategic investment decisions.
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