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How to calculate amount under management

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Jun 21, 2023
Is the management fee based strictly on the commit amounts, or does it need to factor in reductions in the amount under management resulting from payouts of management fees?
1 answer
Accepted Answer
Jun 21, 2023
Management fees are typically paid on the basis of committed capital. Fees are normally drawn from the called capital, which will be defined in the LPA. You may find this article, this article and this article helpful. 

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