Which companies (of those listed in the annual report) would you consider to be ‘lousy illiquid stocks’ where the above may have occured? Bgs maybe...? Any others?
At this point in time with the current discount to nta and lack of performance fees for the foreseeable future, it might be a reasonable investment. Management fee of 1.4% is a bit high though I think. Wonder if they’ll consider reducing this?
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