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A hedge fund, for its employees and its partners, should be a positive sum game, where all people are better off, vs a zero sum game, where one is better off at the expense of the others. 2 years later I stand by these thoughts from before my launch. 🙏 to my team and partners.
10.6.2023
HEDGE FUND GP ECONOMICS
The most important factor for GP economics over time is performance. A GP should comp their team and build their firm towards maximizing investment performance, not maximizing their share. A HF is a “non-zero sum” game. Let’s play with #s. A 🧵:
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