← Glossary
Hurdle Rate
The minimum return a fund must deliver to its LPs before the GP starts earning carried interest, set in the LPA and accrued on a defined basis.
Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.
See also
- WaterfallThe formula that determines how a fund's distributions are split between LPs and the GP, governed by the hurdle rate and carried-interest terms in the LPA.
- Limited Partnership Agreement (LPA)The governing contract between a fund's general partner and its limited partners, setting economics, terms, and governance.
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