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A $128m investment partnership has a 23.5% gross return in one year and then liquidates. Fees are 1.5-20 and other expenses are 0.68% of assets.
A $128m investment partnership has a 23.5% gross return in one year and then liquidates. Fees are 1.5-20 and other expenses are 0.68% of assets. $109m of the $128m is LP capital.
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a The incentive fee for the GP can be calculated using the formula Incentive Fee Gross Return Hurdle ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
