In addition, they're hugely profitable for the sponsors because of incentive fees — investors pay extra if the fund performs well. (tsinetwork.ca)
As a pure asset manager, they should be in the black on incentive fees and then the gains on investments should just be icing on the cake. (brooklyninvestor.blogspot.ru)
In addition, these individuals may be allocated a portion of the carried interest or incentive fees payable in respect of our investment funds. (sec.gov)