$100k signup fee + 1.2% of AuM per year. And this is for assets you own, not even a fund. It's infinitely better than directly investing in a hedge fund chargi

$100k signup fee + 1.2% of AuM per year. And this is for assets you own, not even a fund. It's infinitely better than directly investing in a hedge fund charging you 2-20, but it still seems rather expensive in the grand scheme of things.