The biggest advantage of investing in a private equity fund of funds, in my opinion, is not diversification — after all, when you flatten the risk you also flatten the return somewhat; and even then, the return can be partly consumed by double-layered management fees.
Editor’s Note: This article has been updated. To view the updated version, click here. The JOBS Act: A primer for the private company c-suite executive SEC is wrong saying few AIs will behave like AIs SEC lifts the ban. Time to re-think your portfolio? Passed by Congress on March 27, 2012, and signed into law […]