The Track Record Trap

The largest fund ever raised rests on three data points

Fewer than one in three managers repeat top quartile across three funds. KKR published that

Where is your return going?

Introducing the Fee Stack. The private funds open to retail investors are layered with them.

Size matters

The bigger the fund, the smaller your cut. Now there's a number to put on it.

The Small-Fund Premium: Why Less Capital Often Produces More Value