SECOR, along with other institutional investors and consultants publish an open letter to the hedge fund industry to adopt cash hurdles in incentive fees as best practice standard.
Undersigned investors and consultants, advocate for the implementation of cash hurdles in incentive fee arrangements across the hedge fund industry. The long-term health of the industry is dependent on a healthy alignment of interests between GPs and LPs, and we believe incentive payments on true value-add fixes a misalignment that has been present in fee structures throughout the maturation of the hedge fund industry.
Additional coverage from industry periodicals include: Pensions & Investments, Morningstar, Asian Investor, Hedgeweek and others.
