Remove 2018 Remove Fee Structure Remove Performance Fees
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Transcript: Ilana Weinstein

The Big Picture

You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming. Balyasny lost a lot of capital in 2018. WEINSTEIN: Cut in half. So that’s how much value has come out of the industry. RITHOLTZ: Right.