Question
A PE fund managers carried interest is designed to: a)Incentivize the fund manager to harvest each investment the PE fund makes as quickly as possible.
A PE fund managers carried interest is designed to:
a)Incentivize the fund manager to harvest each investment the PE fund makes as quickly as possible.
b)Prevent the fund manager from charging a portfolio company excessive management fees.
c)Align the economic interests of the fund manager and the limited partners of the PE fund.
d) None of the above
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The Foundations Of Business Analysis
Authors: M Douglas Berg
1st Edition
1465222030, 9781465222039
