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Briefly explain why saturated clay is a very unstable slope material.
Hedge Fund Fee Structure
The compensation arrangement between hedge funds and their managers, typically involving a management fee plus a performance fee based on the fund's returns.
Management Fee
A charge levied by an investment manager for managing an investment fund's portfolio of securities.
Incentive Fee
A fee charged by hedge funds equal to a share of any investment returns beyond a stipulated benchmark performance.
Incentive Fees
Incentive fees are payments made to fund managers for generating positive returns, usually a percentage of the investment profit above a specific benchmark.
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