A threshold level for a hedge fund's performance which maintains that the fund management receives the fees only if the...
An industry standard that is used to determine payment of performance fees (to a hedge fund's management). It helps limit...
It stands for high water mark; an industry standard that is used to determine payment of performance fees (to a...
An industry standard that is used to determine payment of performance fees (to a hedge fund's management). It helps limit...
A form of open-end investment partnership whose main business is the investment in a range of financial securities, using a...