A "really hard" hurdle is calculated only on returns earlier mentioned the hurdle charge.[104] By example the manager sets a hurdle amount equal to 5%, as well as the fund return fifteen%, incentive expenses would only utilize to The ten% earlier mentioned the hurdle price.[103] A hurdle is intended to https://hedge-funds62941.blogsmine.com/35354455/helping-the-others-realize-the-advantages-of-smart-money