What it means when a fund 'falls out of carry'

Firms including Apollo Global Management and KKR are facing potential clawback issues due to covid-19-induced writedowns. What are the implications for GPs and LPs when it comes to sponsors having to pay back carry?

ByCarmela Mendoza

12 May 2020•5 mins read

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Managers Coronavirus Front page

What it means when a fund 'falls out of carry'

Apollo Global Management

KKR

MJ Hudson

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