A "hard" hurdle is calculated only on returns over the hurdle amount.[104] By case in point the manager sets a hurdle rate equal to 5%, as well as fund return 15%, incentive expenses would only use to The ten% above the hurdle amount.[103] A hurdle is meant making sure that https://hedgefunds39874.shotblogs.com/the-ultimate-guide-to-hedge-funds-48860779