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- 2011-7-11
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- 2013-8-23
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Hedge Fund vs. SMA Status
A friend of mine is looking at starting an investment fund. Wants to form as an SMA b/c formation costs are much cheaper than an actual hedge fund. But it looks like an SMA can't charge an incentive/performance fee because they're not specifically catering to accredited investors.
Can anyone confirm or deny this? |
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发表于 2011-10-14 00:21
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