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chilipepperhott 7 hours ago

I would not call an effective 2.9% expense ratio "throwing a bone".

munk-a 7 hours ago | parent | next [-]

Also, the valuation for such a debt laden company should be viewed with great skepticism. I'm afraid a lot of mutual funds will end up holding the bags.

mizzao 6 hours ago | parent | prev [-]

It's not that far off from the standard 2% mgmt fee and 20% of excess performance?