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On Khan Academy the mutual fund example had the mutual fund set up as a corporation and the hedge fund was set up as an LLP with the General Partner who created the fund (the manager) having their own LLC in the background also. I’m clueless on the differences as to why one type is better for one and not the other. Anyone knowledgeable care to explain like I’m a two year old? Many thanks!



Submitted January 17, 2019 at 06:07AM by replemished http://bit.ly/2CwaQaa

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