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Is Oak Tree a Great Manager?
As an investor, i'm an allicator. That's what i did in managing assets for endowments and foundations. For the rest of us, it's an allication portfolio with over a dozen different aset classes. And one of those advantages is hedge funds can't buy closed infunts. They're not liquid enough. Market's too small. So there's some nich assets that we can participate in where we're not competing against hedge funds who are on the other side of the trade.