VIDEO: Is two-and-20 a thing of the past?

In this two-minute sponsored video, Withum's Tom Angell considers whether the two-and-20 fee model is under pressure from investors.

In this two-minute sponsored video, Withum‘s Tom Angell explains how fundraising dynamics are affecting the traditional fee and carry arrangements and whether there is a move on to charge fees only on invested capital.

“We’ve been seeing some changes in the documents we have been looking at,” Angell said. “The issue is there are a lot of dollars out there and they want to get to the best managers.”