N.Y. Comp. Codes R. & Regs. tit. 21 § 4252.9
Current through Register Vol. 46, No. 50, December 11, 2024
The investment entities may charge fees, pursuant to a written schedule of fees, and receive carried interest on capital gains with the prior written approval of the corporation. The amount of any fees and the amount of the carried interest on capital gains will be detailed in the agreements to be entered into between the investment entity and the corporation. Returns to the corporation, such as capital gains and the return of the investment, will be detailed in the agreements to be entered into between the investment entity and the corporation.
N.Y. Comp. Codes R. & Regs. Tit. 21 § 4252.9