The share of a fund's profits — usually 20 per cent — that the manager keeps, paid only after investors have received their capital back.
附带权益
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| — | Blackstone's profit falls as choppy market tempers investment exits 附带权益 · 第 6 张术语卡 | Longer holds make carry harder to calculate: without a sale, the profit it is charged on is a valuation, not a price. Carry 的设计本意是「帮客户赚到钱，管理人才多拿」。但它依赖一个真实的卖出价。当资产被无限期留在基金里，carry 只能按估值模型计提，等于管理人给自己打分——这是续存基金最大的争议点。 |