The Texas Teachers’ “1-or-30” Fee Structure
The Texas Teachers’ “1-or-30” Fee Structure Jonathan P. Koerner, Albourne Partners “Do you have any ideas on how we might be able to more consistently retain 70% of the alpha generated by our hedge fund managers?” This was the client question we received at Albourne in July 2016 that started the whole “1-or-30” fee ................
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