Quote Originally Posted by Joshuatree View Post
Yes good point. I was a bit stunned to see the more than doubling the raising. Good thing its liquid and easily tradeable.
I also find it very cynical when funds hand back capital that's lower-fee paying, to then gorge themselves on retail money. These institutions will in many cases be investors who have supported them at an earlier stage of their development, but don't get to reap the long term rewards.