Partner at @​StepStoneGroup Hunter Somerville says a "long overdue" reckoning is coming for SPVs: "It's almost criminal how bad it is." "The most egregious pa

Partner at @​StepStoneGroup Hunter Somerville says a "long overdue" reckoning is coming for SPVs: "It's almost criminal how bad it is." "The most egregious part of the entire continuum is SPVs." "Even separate from the funds, it's the insane 4-10% management fees they're charging, and syndicatin…