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The optimal fund size, Professor Kedrosky and others say, is a $250 million fund managed by four partners.
Using a number of rough assumptions, Plexus estimates optimal fund size like this: small-cap growth, $700 million; large-cap growth, $1.7 billion; small-cap value, $3.6 billion; large-cap value, $10.7 billion.
Similar(58)
They summarized their results in 2004 by saying, "Investors should avoid seeking very small and very large small-cap funds" and said that it was "important for a fund manager to make a prompt decision to close a fund when fund size reaches a certain optimal point".
"You're going to see fund size shrink," he said.
*Small fund size.
Fund size and style.
Fund size is destiny.
Fund size: Uknown.
Fund size: Unknown.
The fund size matters, but also dollars per partner matters.
The target fund size is $200m.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com