Market Declines and Falling Out of Carry: Considerations for Fund Sponsors and Investors

In this Ropes & Gray podcast, asset management partners Isabel Dische and Lindsey Goldstein discuss what it means for a fund to “fall out of carry,” as recent months have shown some significant market declines in connection with the COVID-19 pandemic. They’ll also discuss considerations that both fund sponsors and investors will want to keep in mind if their funds no longer accrue carry.