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✨ EY Prep 🩷
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Private Equity
🎲 Mixed
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What is the standard PE fee structure known as '2-and-20'?
A.
2% performance fee and 20% management fee
B.
2% annual management fee and 20% of profits as carried interest
C.
2% entry fee and 20% exit fee
D.
2x MOIC target and 20-year fund life