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What is the GP and L.P. profit participation in $ computed at the end of a two-year period when a fund with $100 mil. has
What is the GP and L.P. profit participation in $ computed at the end of a two-year period when a fund with $100 mil. has a gross return of 80% in year 1 and a 40% loss in year 2, 20% performance fee, no hurdle rate, but has a clawback?
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