What is Structure for Debt Funds
I read someone's comp today, said they get paid .01% in carry for a debt fund. I realized I couldn't accurately calc what that is.
SO how are closed ended debt funds structured, what are the hurdle splits and promotes in general?
Same way equity funds are structured. The hurdle may be lower though as debt funds generally have a lower return. So instead of 8% maybe it’s 6%. Promote will be anywhere from 10-20%, just like equity.
Odit et numquam est magnam earum assumenda at. Sunt quia velit optio reprehenderit.
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...