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thrasher.jpg
Michael Thrasher
Allocators Increasingly Push for Hedge Fund Hurdle Rates
With rates rising, pensions and endowments want hedge funds to perform before fees kick in.
Michael Thrasher March 2, 2023
Illustration by II

Illustration by II

Institutional investors often overlook high hedge fund fees — if a manager can deliver net returns that justify the outlays. But many are now asking hedge funds to add a hurdle rate — deliver some outperformance before they

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