Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

Hedge funds are similar to private equity funds in that both:
Option A:are typically structured as partnerships.
Option B:assess management fees based on assets under management.
Option C:do not earn an incentive fee until the initial investment is repaid.

Answer: A