4 ms·

How about we require people who manage large funds to have their own “skin in the game”, perhaps they’d do a better job for their clients.

• harryh 8y ago
  Most large funds do require that.
  • iseff 8y ago
    This is correct. The vast majority of funds have at least 1% committed by GPs. This is what Fred means when he writes, "The partners at USV make up a sizeable portion of our funds."