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2022-04-13 23:42請(qǐng)問如何理解原教材的這道題：An investor in a private equity fund is concerned that the general partner can receive incentive fees in excess of the agreed-on incentive fees by making distributions over time based on profits earned rather than making distributions only at exit from investments of the fund. Which of the following is the most likely to protect the investor from the gneral partner rcieveing excess fees? A. a high hurdle rate. B. a clawback provision C. a lower capital committment.
所屬：CFA Level I > Alternative Investments 視頻位置 相關(guān)試題
來源： 視頻位置 相關(guān)試題
1個(gè)回答
Evian, CFA助教
2022-04-14 00:49
該回答已被題主采納
ヾ(?°?°?)??你好同學(xué)，
私募股權(quán)基金的投資者擔(dān)心，LP有限合伙人會(huì)擔(dān)心GP普通合伙人多收IF，在每次計(jì)算收益的時(shí)候GP會(huì)得到IF，這樣做會(huì)超過約定額度的激勵(lì)費(fèi)，LP希望在退出時(shí)（一次性分配收益）計(jì)算IF。
以下哪項(xiàng)最有可能達(dá)成LP的愿望？
A. a high hurdle rate. B. a clawback provision C. a lower capital committment.
應(yīng)該選B，B可以使GP多拿的IF，退給LP。
課程中有對(duì)CFA原版書課后題視頻講解，在“課程大綱-經(jīng)典題-科目-章節(jié)”可以找到
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