Performance-based Compensation

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Definition:
Compensation paid as an incentive to the general partner of a hedge fund or high-level portfolio managers, which is dependent on performance, and is usually based on a percentage of total assets managed (AUM).

Related Concepts:

Two And Twenty
 

Available Positions Related to Performance-based Compensation:

Alternative Investments jobs

Financial Services Operations jobs

Relevant Functional Areas:
Financial Services Operations
Fund Accounting & Administration
Hedge Funds
 

Related Job Titles:
Fund Administrator
Portfolio Manager
 

Synonyms:
Incentive fee
 

 

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