performance fee

[/pərˈfɔːrməns fiː/]
nounpl: performance fees
taxa de desempenho
1. A fee charged by an investment manager or fund manager based on the investment returns or profits generated, typically calculated as a percentage of gains above a certain benchmark or hurdle rate
The hedge fund charges a 20% performance fee on all profits exceeding the baseline return.
O fundo de hedge cobra uma taxa de desempenho de 20% sobre todos os lucros que excedem o retorno de base.
2. In broader contexts, a fee paid for achieving specific performance metrics or results
The consulting firm's performance fee structure rewards them for meeting project milestones.
A estrutura de taxa de desempenho da empresa de consultoria os recompensa pelo cumprimento dos marcos do projeto.
Performance fees are a cornerstone of the investment management industry in both the USA and Brazil, particularly common in private equity, hedge funds, and mutual funds. In Brazil, these fees have become increasingly prevalent as the financial market has matured. The term is typically used in high-finance contexts and represents the practice of aligning manager compensation with investor returns, a concept widely accepted in Anglo-American finance but still being adapted in other markets.
Synonyms / Sinônimos
incentive feesuccess feecarried interestprofit-sharing fee
Antonyms / Antônimos
flat feefixed feemanagement fee

Regional Variations

General Brazilian
taxa de desempenho
Standard term used in financial markets and investment banking
São Paulo
taxa de desempenho / taxa de performance
Both terms are used interchangeably in major financial centers
Rio de Janeiro
taxa de desempenho
Standard usage in financial institutions
Portugal
taxa de desempenho / comissão de performance
Both terms used; 'comissão de performance' is also common in Portuguese financial context

Related Words

hurdle ratebenchmarkasset management feeinvestment returnfund managercarry

Related Idioms & Phrases

skin in the game
aligned incentives
earning your stripes
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