That means gross returns will be lower than in the golden days of the industry when internal rates of return reached 30-50%.

那意味着，此时的毛收益要低于私人股本黄金时期，那时的内部收益率达到30%至50%。

youdao

Because of the high fees they charge, hedge funds need to make big gross returns to deliver decent net returns to their clients.

由于对冲基金收取很高的管理费，它们必须获得非常高的毛回报才能带给客户令人满意的净回报。

youdao

Because of the high fees they charge, hedge funds need to make big gross returns to deliver decent net returns to their clients.

由于对冲基金收取很高的管理费，它们必须获得非常高的毛回报才能带给客户令人满意的净回报。

youdao