Specified hurdle rate defines the profit threshold triggering a fund's agreed profit share for fund management activity. Specified hurdle rate denotes a pre-defined threshold beyond which a fund agrees to pay a share of profits earned from fund management activity undertaken ... Summary
Specified hurdle rate defines the profit threshold triggering a fund's agreed profit share for fund management activity.
Specified hurdle rate denotes a pre-defined threshold beyond which a fund agrees to pay a share of profits earned from fund management activity undertaken by its fund manager. It governs the fund's agreed profit-sharing arrangement in respect of profits arising from that management activity.
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