Small to mid-size funds may not be able to get away with charging 2-20 but larger, more established funds still can regardless of size. Tudor was charging 4-23

Small to mid-size funds may not be able to get away with charging 2-20 but larger, more established funds still can regardless of size. Tudor was charging 4-23 on one of its funds. Not sure if that's still the case since they were down a bunch this past year.