Do waterfall provisions lead to conflicts of interest?
The way hurdle rates work may compel GPs to push for exits in a way that is not in the best interests of the fund, a study suggests.
17 January 2013•3 mins read
PRIVATE REAL ESTATE
Register to unlock this content
Daily global private real estate news and market intelligence- Expertly curated insights to keep you ahead of the market
- Faster, data-driven decision-making powered by our AI interface, Ask PEI
- Access to proprietary research and reports
- Selected investor strategy and competitor performance data