We do use a kind of high-water mark for our performance fees.
They are calculated on the monthly equity change, if it goes up above the previous months, we allow them to charge their performance fee.
Modified on: Mon, 24 Jun, 2024 at 7:01 PM
We do use a kind of high-water mark for our performance fees.
They are calculated on the monthly equity change, if it goes up above the previous months, we allow them to charge their performance fee.
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