What poornewgrad said...
+ get your hands on the AIMA questionnaire for PE and have them fill it out (or google PE questionnaires and take someone elses and have them fill it out)
+ get a copy of the PPM and review it thorougly (mark up and review any yellow/red flags)
+ understand the distribution waterfall
+ verify historical performance (PE has a high degree of persistance)
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end of the day you're investing with the funds management |