一般认为,优先收益和门槛收益率是一对同义词,维基百科对优先收益和门槛收益率的解释是,基金管理人(GP)取得业绩提成之前,必须达到的最低的收益率(例如8-12%) (Hurdle rate or preferred return:A minimum rate of return (e.g., 8-12%), which must be achieved before the fund manager can receive any c...
因此,在PE有限合伙协议的分配条款中,普遍约定了优先收益(Preferred Return)或门槛收益率(Hurdle Rate)。国外统计数据显示,PE的协议条款中出现优先收益约定的比率比在VC中高的多。根据2009年道琼斯PE合伙协议条款分析统计的数据,只有6%的PE不给LP优先收益(不设定Hurdle Rate)。老牌私募KKR原先也属于这少数派,但2011年破...
There is also a method that uses the internal rate of return (IRR), the discount rate that makes the NPV of all cash flows from a project equal to zero.Essentially, it represents the break-even rate of return expected from the project. Thus, a project is generally considered viable if i...
一般认为,优先收益和门槛收益率是一对同义词,维基百科对优先收益和门槛收益率的解释是,基金管理人(GP)取得业绩提成之前,必须达到的最低的收益率(例如8-12%) (Hurdle rate or preferred return:A minimum rate of return (e.g., 8-12%), which must be achieved before the fund manager can receive any c...
因此,在PE有限合伙协议的分配条款中,普遍约定了优先收益(Preferred Return)或门槛收益率(Hurdle Rate)。国外统计数据显示,PE的协议条款中出现优先收益约定的比率比在VC中高的多。根据2009年道琼斯PE合伙协议条款分析统计的数据,只有6%的PE不给LP优先收益(不设定Hurdle Rate)。老牌私募KKR原先也属于这少数派,但2011年破...