Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Claw back

A reduction to previously received or allocated / accrued performance fees or carried interest due to investment performance falling below a predetermined level or benchmark, and whereby the investment manager may be obligated to return a portion / all of its previously received performance fee or carried interest payments. 

Source: Global | Date: 25 October 2022 | ID: D0619 | Version: 9