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The preferred return feature of a PE fund gives limited partners: a. A minimum rate of return before the PE fund manager can receive any
The preferred return feature of a PE fund gives limited partners:
a. A minimum rate of return before the PE fund manager can receive any carried interest payment. | ||
b. A portion of the fund managers carried interest. | ||
c. A share of the fund managers management fee. | ||
d. A share of the PE funds profit after the fund manager has been paid the carried interest. |
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