Two-twenty (2/20)

Refers to the fee structure of hedge funds – annual management fee of 2% of assets and performance fee of 20% of profits.
References in periodicals archive ?
Since 1997, AUA Equity's principals have made over 25 private equity investments which include: Reddy Ice Group, El Pollo Loco, TRUFOODS, Two-Twenty Records Management and Brighter Dental Care.