Feb 21, 2026

Youngrok Kim

Fund of Funds Double Layer Fees Aren't the Inefficiency They Seem

Access and talent retention cost far more than a 1% management fee

Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

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Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

@Grivitsky

Substack

Main

home

Podcasts

Templates

Data

Funds

Events

Reports

Soon

about us

Community

Store

Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

@Grivitsky

Substack

Main

home

Podcasts

Templates

Data

Funds

Events

Reports

Soon

about us

Community

Store

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Get Funding

Community Waitlist

Get Funding