As these endowments have gotten as big as they have, i in't know what harvard is, and samfords, similar. All these are tens of a 20 billion dollar plus type things. But do you think we're anywhere nearer one of these big endowments saying, hey, we're just going to build, you know, whatever the harvard ventures in harvard private equity fund and run this themselves? I would bet the vast preponderance of their assets pays in centipes. So they easily could have paid one to two billion dollars in fees to managers in fiscal year 20 21.

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