The crystallization frequency or incentive fee payment schedule refers to the frequency with which investors have to pay the incentive fee to the hedge fund manager. It is also the point in time where the hedge fund updates the high-water mark.
The crystallization frequency or incentive fee payment schedule refers to the frequency with which investors have to pay the incentive fee to the hedge fund manager. It is also the point in time where the hedge fund updates the high-water mark.
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