> Oversee: to be in charge of how an amount of money is invested or spent No. "Oversee" can refer to the gross or net position. If I raise $10bn and use that t

> Oversee: to be in charge of how an amount of money is invested or spent No. "Oversee" can refer to the gross or net position. If I raise $10bn and use that to buy $100bn in assets, I absolutely control and thus oversee the latter.