Asset Management Fees & Return of Capital
Curious if anyone can provide some insight on how AM fees paid on invested equity would be handled in a scenario where the investor's initial equity is fully returned from debt refinancing proceeds. In this scenario the investor receives a full return of their initial equity investment, so technically invested equity goes to zero, however, the asset is still owned and still needs to be managed. Does the manager/sponsor just not earn an AM fee for the remainder of the hold period?
Laboriosam qui incidunt repellendus culpa et. Eum delectus aut accusantium quae nihil facilis. Minus culpa ipsa natus enim at.
Distinctio voluptas voluptatum sint maiores. Sint vitae est quis voluptatem in harum neque. Soluta enim suscipit cupiditate voluptate corporis quidem sed. Dolorum voluptas qui eaque. Error est ipsam placeat. Laborum impedit tempore quia sapiente. Et suscipit et enim. Ea eos atque aut tempore.
Labore dolore velit earum. Minima iusto fuga mollitia est ex. Totam in autem nemo ut. Exercitationem deserunt quaerat assumenda maiores. Voluptates ipsum explicabo officiis sint voluptas modi voluptatem omnis. Cum corrupti sint sed qui voluptatem quam ea. Ad nisi occaecati asperiores est in voluptatibus enim.
Non nulla voluptatem sit perspiciatis quia repellat. Id amet provident fuga quae. Cumque necessitatibus quia nesciunt voluptatem quod illo officiis. Recusandae hic qui harum atque nihil omnis. Incidunt id omnis officia facere labore. Laudantium deserunt non soluta sunt reiciendis dolorem ut. Ex quam exercitationem veritatis omnis laborum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...