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In the next 10 years, half of private equity managers will move to charging only on invested capital, predicts Richard Clarke-Jervoise, a partner at family office Stonehage Fleming.
The debate over waterfalls has always been presented as a choice between two opposing styles, but it doesnโ€™t have to be that way. Augentiusโ€™s Gaurav Marwah and Hugh Stacey tell us why.
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