Investors
Funds come from endowments/institutional investors, funds of funds and high net worth individuals/family offices. Almost 90% of investors' capital is committed for three or five years; this long term commitment mirrors our business principles and investment philosophy. All investors are treated equally: there are no separate accounts and no side letters. Fund composition (as of June 2010):
* Years refer to the lock-up and redemption fee period on investment and therefore do not reflect the period currently remaining