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46- In year 1, a fund increases from $122mm to $140mm (gross asset value). The fund has a 2/20 structure with a hurdle rate of
46- In year 1, a fund increases from $122mm to $140mm (gross asset value). The fund has a 2/20 structure with a hurdle rate of 6%. How much are the performance fees for this year, assuming they are charged after management fees are first deducted from the gross asset value? Review Later
0.104mm
There are no performance fees for this year
$1.576mm
$2.6mm
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