In year 1, a fund increase from $179m to $194m (gross asset value). The fund has a
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Question:
In year 1, a fund increase from $179m to $194m (gross asset value).
The fund has a 3/15 structure with a hurdle rate of 5.5%.
How much are the performance fees for this year, assuming they are charged after management fees are first deducted from the gross asset value?
Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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