A private equity fund has established a 2/20 fee structure. The fund currently has assets under management of $220 million. What is the yearly management fee for this fund?
A)$440
B)$4,400
C)$44,000
D)$440,000
E)$4,400,000

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The Answer of A private equity fund has established a 2/20 fee structure. The fund currently has assets under management of $220 million. What is the yearly management fee for this fund?
A)$440
B)$4,400
C)$44,000
D)$440,000
E)$4,400,000

A Private Equity Fund Has Established a 2/20 Fee Structure