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Open End Vehicle

Definitions

An investment Vehicle with a variable and unlimited amount of capital which may be accepted and has an infinite life. Investors may purchase or redeem units or shares from the Vehi ...

Offener Fonds

Definitions

Ein Investmentvehikel ohne formale Grenze für den Höchstbetrag an Kapital,  das investiert werden kann; und einer unbegrenzten Lebensdauer. Investoren können An ...

Other/misc. vehicle costs

Definitions

Small or infrequent vehicle level costs that are not assigned to another cost category but are classified as a group. These may include other administration costs, statutory c ...

Pension Real Estate Association (PREA)

Definitions

PREA is a non-profit organization whose members are engaged in the investment of tax-exempt pension and endowment funds into real estate assets. PREA's mission is to serve its ...

PREA

Definitions

PREA (Pension Real Estate Association) ist eine gemeinnützige Organisation dessen Mitglieder steuerbefreite Pensionskassen und Stiftungsfonds sind die in Immobilien investiere ...

Performance fee

Definitions

Also known as incentive fees, promote or carried interest, are fees charged by investment advisors, or managers, after a predetermined investment performance has been attained. Car ...

Leistungsvergütung / Erfolgsbeteiligung

Definitions

Im Englischen auch bekannt als incentive fee, promote oder carried interest. Gebühren, erhoben von dem Investmentberater oder -manager, nachdem eine zuvor definierte Investmen ...

Planned Liquidation Date

Definitions

The specific date, as defined in the Vehicle’s Documentation, on which the Vehicle is expected to be liquidated and all residual equity returned to the investors.

Liquidationszeitpunkt

Definitions

Der, in den Fondsunterlagen definierte Zeitpunkt, zu dem das Investmentvehikel liquidiert wird und das gesamte Kapital an die Investoren zurückgezahlt wird.

Pooled Trusts

Definitions

A multi-investor investment Vehicle which is legally structured as a trust.

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