What is a good fund I size for a fund of funds? Does the same 5-10M guidance apply as a standard fund?
What is a good fund I size for a fund of funds? Does the same $5-10M guidance apply as a standard fund?
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Fund targets should be set based on the GPs ability raise capital, rather then by other external targets. The minimum fund size for a Delaware fund is $2.5m to justify the operational costs. In other domiciles, it's considerably higher due to the operational cost.