Oliverbug2020-11-15 14:31:31

One year later, the investment in A is valued at USD 100 million and the investment in B is valued at USD 150 million before net of their respective management and incentive fees. 请问，这里：before net of their respective management and incentive fees. 。是什么意思？ 1. 我理解，没有before，就是说B的年末150万是已经扣除了mgn fee 和incentive fee的，net of是这个意思吗？就是扣除fee以后的年末净值？ 2. 但是这句话这里有一个before，像是在扣除这些fee之前年末净值是150mm。到底是什么样？