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Wooleydog.... did you have to mention the “watermark” crowd...

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peejay2

4,649 Posts.

374

12/07/18

19:18

Post #: 34309950
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Originally posted by woollydog ↑

That would be pretty unusual these days, oilleak, to have performance fee on a negative return.
Use of high watermark ( no performance fee payable until previous high surpassed)
is pretty standard these days.

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Wooleydog.... did you have to mention the “watermark” crowd again . (Tic) ?
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