Fund Managers: 50/50 Split & Avoiding Conflicts of Interest #shorts

What we do as far as being fund manager sponsors, we do a 50/50 split. And we, and that's how we operate as a co-GP is that we do that split with within the fund management side, the fund management circuit. We don't take, and as a matter of fact, we don't want any part of the development side because then there's that conflict of interest that we'd need to disclose in our disclosure document. So anytime we're making money like that, they want to know. We will have to disclose that you guys as developers are making money as well off of that. But again, when you're able to show that the profits from the actual development are going back to the investors, you can easily explain, well, this is how we get paid. Don't you want us to make money? So just to case study