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1.Existing fees are locked in. Generally 2% management fee plus 20 % performance fee over an 8% base yield over life of latest projects. Seems reasonable to me.
2 Absolute nonsense. These figures are audited and tax paid
3 Agreed this is a risk if true and independent valuations should be obtained by Blue Sky
4 Are you suggesting that Blue Sky has no assets invested of its own. Dont be ridiculous these are audited balance sheet funds , $1.5 billion according to Glaucus !