A PE fund managers carried interest is designed to: a)Incentivize the fund manager to harvest each investment
Fantastic news! We've Found the answer you've been seeking!
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.
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
Posted Date: