Two-twenty

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 ?
M2 EQUITYBITES-August 2, 2018-Balance Point Capital invests in Two-Twenty Records Management
and Balance Point Capital Partners III, L.P., has announced it has invested in Topspin Partners portfolio company Two-Twenty Records Management LLC, the company said.
Balance Point arranged and led a USD 124 million debt financing to fund acquisitions by Two-Twenty and Topspin.
BANKING AND CREDIT NEWS-August 2, 2018-Balance Point Capital invests in Two-Twenty Records Management
Global Banking News-August 2, 2018-Balance Point Capital invests in Two-Twenty Records Management
Two-twenty East Forty-Second is a prime midtown building and our price was very competitive but it wasn't low enough for the Daily News."