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Open Categories Menu There are many news stories out covering what may be a worst case scenario for many hedge funds – the distinct possibility of no performance fees this year. This seems to be a major topic of conversation for many people within the industry and just yesterday I received the following [...]
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Posts Tagged ‘ high watermark ’
7 September
Hedge fund high watermark
Question: What is the hedge fund high watermark? Answer: The hedge fund high watermark is a mechanism that is implemented to make sure that managers do not take a performance fee when the fund has had negative performance over previous performance fee periods. The high watermark is the colloquial term [...]
