Cohen's Point72 Seeks to Raise Another $1Billion

The video discusses a hedge fund's plan to raise an additional $1 billion after a successful comeback last year, where it raised $5 billion. Despite mediocre returns of 1% last year, the fund is up 5% this year. The fund is reopening to new investors, with a higher fee structure compared to other hedge funds. The manager's past success with SEC Capital Advisors, which averaged 30% annual returns, is highlighted, indicating confidence in attracting new investments.

What is the fee scale comparison mentioned in the text?

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What does the hedge fund manager say to potential investors?

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