America personal raise the operating mode of the investment fund of stock ownership how?

Is in America , personal raise fund often manage person by fund to invest certain proportion , become to possess the person of general partnership of absolute control right( abbreviation GP, general partner). The control right of the private fund company of capital stock in GP hand, he takes the responsibility for seeking investment opportunity and does investment to decide that their profit is highest, will draw the 2% of all funds every year as administration fee, if have reached minimum expected cost of capital recovery( hurdle rate), he still draws the 20% of all profits, this