May 5, 2021 16:58
3 yrs ago
9 viewers *
English term

Performance Allocation

English to Ukrainian Bus/Financial Investment / Securities
Performance Allocation
(a) The Performance Allocation is debited against each Capital Sub-Account of each
Limited Partner as of the last day of each Performance Period with respect to such
Capital Sub-Account, and the amount so debited is simultaneously credited to the
Capital Accounts of the Allocation Partners in such amounts as determined by the
General Partner.
(b) The General Partner, in its sole discretion, may waive or alter the Performance
Allocation with respect to Limited Partners that are affiliated with the General
Partner and others.
(c) No Allocation Partner Is entitled to be allocated a Performance Allocation on any
assets of the Partnership that are held in a Special Situation Investment Subaccount
during the time they are held in such an account.

"'Allocation Partner'" means VR Advisory Partners, L.P., a Cayman Islands exempted
limited partnership, which is an Affiliate of the General Partner, any other Affiliate of the
General Partner, or any of the General Partner's or its Affiliates' employees in their capacity as a
Partner of the Partnership designated as an "Allocation Partner" by the General Partner. Any
Allocation Partner shall be a Special Limited Partner for purposes of being allocated the
Perfonrtance Allocation.

Discussion

Olena Kushnerenko (asker) May 6, 2021:
The General Partner has the discretion to reduce or eliminate the Performance Allocation with respect to any Special Limited Partner.
For the avoidance of doubt, if and for so long as Capital Sub-Accounts are maintained for any Limited Partner, the Performance Allocation shall be calculated separately with respect to each Capital Sub-Account of such Limited Partner as if such Capital Sub-Account was the sole Capital Account of a Person admitted as a Limited Partner upon establishment of such Capital Sub-Account. In such event, the Performance Allocation for such Limited Partner shall be the total of the Performance Allocations as calculated with respect to each such Capital Sub¬Account.
Olena Kushnerenko (asker) May 6, 2021:
Дякую, колеги, за чудові варіанти! Але ось ще знайшла визначення в тексті. І бачу, що це якась фіксована сума у 20%. “Performance Allocation” means, with respect to each Capital Sub-Account of each Limited Partner, 20% of the amount, determined as of the close of each Performance Period with respect to such Capital Sub-Account, by which (i) such Capital Sub-Account’s Positive Performance Change for such Performance Period, if any, exceeds (ii) any positive balance in the Carryforward Account (or such portions thereof) relating to such Capital Sub-Account as of the most recent prior date as of which any adjustment has been made thereto.
The General Partner has the discretion to reduce or eliminate the Performance Allocation with respect to any Special Limited Partner.

Proposed translations

15 mins
Selected

розподіл прибутків/збитків

Але у вашому випадку скоріше просто розподіл прибутків.

--------------------------------------------------
Note added at 53 mins (2021-05-05 17:52:32 GMT)
--------------------------------------------------

A performance allocation is a percentage of the increase in the value of the fund assets (usually around 20%) allocated to the fund’s general partner as an incentive for positive performance. The performance allocation is intended to align the interests of the fund manager with that of the investor and provide significant upside potential for fund managers.
https://www.capitalfundlaw.com/blog/2015/04/02/hedge-fund-ma...
Something went wrong...
3 KudoZ points awarded for this answer.
42 mins

розподілення результату

Алокації – розподілення результату, створеного позицією акціонерів (капітал, ОЗ та ін.)

http://www.nusta.edu.ua/wp-content/uploads/2016/11/2011-2.pd...

--------------------------------------------------
Note added at 15 hrs (2021-05-06 08:55:50 GMT)
--------------------------------------------------

так, зазвичай близько 20% розподілення результату використовується на стимулювання
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search