See here.
Two and Twenty-five?
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- Retrospective on Ajit Pai’s Tenure as FCC Chairman
- Symposium on the Future of American Antitrust: The Google Lawsuits
- Symposium on Big Tech and the Digital Economy: The Moligopoly Scenario
- The Law, Economics, and Policy of the COVID-19 Pandemic
- Draft Vertical Merger Guidelines Symposium
- FTC v. Qualcomm: Analyzing the theory of the case
- The Politicization of Antitrust
- Should We Break Up Big Tech? Symposium
- Amazon-Whole Foods After One Year Symposium
- Agricultural and Biotech Mergers Symposium
- Apple E-Books Antitrust Case Symposium
- Syposium Honoring the Honorable Joshua Wright
- Unfair Methods of Compettion Sympoisum
- Unlocking the Law Symposium
- Free to Choose Symposium
- The Law & Economics of Interchange Fees Symposium
- Merger Guidelines Symposium
- Section 2 Symposium
- Innovation for the 21st Century Symposium
Yep, I said so three years ago!
In my current (larger) dataset, of 61 funds, 18 have carry of 25%; 7 had a carry of 30%; a few have preferred return (carry changes with performance). I wish I could post a histogram in blog comments. Bigger funds have a higher carry; carry does not predict performance; and there is no strong time trend. You read it here first.
(I didn’t just happen to remember this… I am trying to finish the damn paper as we speak).