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Right. Over a chat before a professional event, a friend here said these days he'd want $200mm and compliance people and in 'the good old days' 100mm was plenty
by kaitai 8y ago
Right. Over a chat before a professional event, a friend here said these days he'd want $200mm and compliance people and in 'the good old days' 100mm was plenty.
I don't know that there is any one regulation that makes this so.
- wjnc 8y agoAIFMD / MIFID come to mine although the regulatory burden seems quite low with those two (comparing to insurance Solvency II). I would venture that the willingness for 2 and 20 has dropped to more like 1 and 10 or less. That would explain the double minimum size as well.