Investors and Hedge Funds Are Quarreling: Should the Risk-Free Rate Heighten Their Hurdle?

Investors and Hedge Funds Are Quarreling: Should the Risk-Free Rate Heighten Their Hurdle?

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Marc Lasry, CEO and co-founder of distressed investor Avenue Capital Group, told Institutional Investor in January that higher interest rates would change everything for hedge funds. Now, investors are demanding that some of those changes happen to the fees they are paying. The risk-free rate of…

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