BIP: The Consequences of a Toxic Financial Structure
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BIP's financial structure incentivizes BAM to maximize fees with policies, taken to the extreme, are toxic for the limited partners. Right-sizing the expense structure implies steep losses.
BIP: The Consequences of a Toxic Financial Structure
BIP: The Consequences of a Toxic Financial…
BIP: The Consequences of a Toxic Financial Structure
BIP's financial structure incentivizes BAM to maximize fees with policies, taken to the extreme, are toxic for the limited partners. Right-sizing the expense structure implies steep losses.