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biosectinvestor

07/13/21 2:33 PM

#389092 RE: exwannabe #389088

Not really bothering me. They seem to have been willing to put up a lot of the front capital and retain a lot of the risk, and again, “they” meaning the fund investors, which is not necessarily the managing director of any fund. The reason one creates a fund is not necessarily to deploy personal assets, but to efficiently group cash assets together from a number of people to facilitate easier investing.