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Domain questions check that you actually use the knowledge, not just that you can recall the textbook. Interviewers want a sharp, specific answer that betrays day-to-day fluency.
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Domain · Market Sizing
Roughly how does the economics of a '2 and 20' fund work over its life — where the management fee comes from, how it steps down, and why fee income and carry pull a GP in different directions?
0of ~180 wordsAbout a minute spoken
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