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John Waller

I find your blog useful and informative. Thanks for maintaining it.

Clearly PE firms have an incentive to generate profits to get the carry but do you think they are motivated just as much to get bigger funds so they can get bigger management fees? After all, management fees are stable and we know how PE firms like stability.

PlanMaestro

In another post you mention hurdle rates (cost of capital). I can not find further posts on this issue.

Any thoughts on that? I am trying to raise a fund.

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