Hedge fund managers

Discussion in 'Trading' started by profitplay, May 11, 2007.

  1. In the book Pit Bull, Martin Schwartz was offered 6% management fee and 20% performance by the Elders Futures Inc.

    So, if Martin Schwartz gets 6% and 20%, how does Elders Futures Inc. make money?
  2. commissions, fees, and most importantly, interest income on the accounts..
  3. If I'm not wrong, the 6/20 commission is based on the fees/commissions Elders Futures gets, not on the total investment capital.
  4. Thanks for the replies.