[arikr]

Most common is 2% management fee and 20% carry

[hanniabu]

What do you mean by carry? They get 20% of the profits?

[w1ntermute]

https://en.wikipedia.org/wiki/Carried_interest

[hanniabu]

So in movies like the big short when they day they have a negative carry on assuming that means they're paying instead of being paid?