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Has your fund grown too large?
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Last year, his fund grew defensive.
The California teachers fund grew by 0.8percentt and the Florida fund grew by 2.5percentt.
If the fund grows to $50,000 they get $385.
At least one investor had concerns about the fund growing that large.
Afterward, his fund grew exponentially to tens of billions under management.
Public money, she said, "will be more likely as confidence in the fund grows".
If the fund grew very large, it could become self-perpetuating.
Under his stewardship, the Fortress hedge fund grew to more than $8 billion in assets under management.
The hedge fund grew to a $3.3 billion operation before it closed in 1997.
Meanwhile, the money in the fund grows -- and Fidelity gets a fee for managing it.
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