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deriv108 Wrote:
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> 1) under general GIPS provision(maybe including
> RE): composite returns for each year, identified
> as EITHER gross-of-fees or net-of-fees.
>
> 2) Real Estate Closed-End fund composites:
> net-of-fees SI-IRR ONLY.
>
> 3) Private Equity: BOTH gross-of-fees and
> net-of-fees SI-IRR.

This.

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