Question
How does committed capital differ from contributed capital in a private fund?
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Answer
Committed capital is promised upfront; contributed capital is funded via capital calls.
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Question
How do the roles of the GP and LP differ in a hedge fund limited partnership?
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Answer
The GP manages the fund; LPs provide capital with limited liability.
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Question
Why are commodities considered a direct inflation hedge?
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Answer
Commodity prices directly affect inflation indexes.
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Question
What feature makes timberland operationally flexible when lumber prices are low?
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Answer
Trees can be stored on the stump until prices improve.
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