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0 pointsmistermann9y ago0 comments

And yet, despite the risk factors for the private funds being through the roof, they never lose money, and as another commenter pointed out, the public funds are losing money. I'm sure it's all on the up and up. ;)

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4 comments · 1 top-level

oh_sigh9y ago· 3 in thread

Right...why wouldn't they open that fund to others and rake in more in fees than they could ever make growing their own money? Seems fishy

freyr9y ago

Once a fund grows beyond a certain size, its trades can have significant influence on the market. This, in turn, disrupts the models that led to its success.

PeterisP9y ago

On that scale, for any trades/substrategies you can easily reach a cap where extra capital is not useful.

If you can already run/extract all the deals that you want with your current capital, then taking in more money just distributes the same pie into smaller pieces.

tedunangst9y ago

Maybe they're content with the few billions they're making and like the autonomy?

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