Hedge Fund Maverick Capital Debuts 0% Performance Fees New ‘recovery share’ class will lower fees fo
- Thread starter ajacobson
- Start date
But his internal fund is doing well... Hmmm...
Maverick also told clients last week that it was opening up to outside
investors two quantitative hedge funds the firm has been running with
money from employees since 2015. Those funds, which together manage
several hundred million dollars, are up 17.1% and 23% this year through
September, a person familiar with the matter said.
Maverick also told clients last week that it was opening up to outside
investors two quantitative hedge funds the firm has been running with
money from employees since 2015. Those funds, which together manage
several hundred million dollars, are up 17.1% and 23% this year through
September, a person familiar with the matter said.
Zero buy in fees should be the standard.
You've got managers that read FT for ideas, not even remotely close to understanding the market.
Imho it looks more like “we want to be an asset manager” type of move. Some funds like AQR have done it explicitly, but I think that’s where all bigger funds are headed cause performances have been disappointing.