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It took three years for the funds to climb back to levels where they can charge their investors the lucrative performance fees.
To climb out of that hole and start charging lucrative performance fees, the fund will need to post least 100 percent.
So far this year, the AHL fund is down about 2 percent, and remains on average about 14 percent under the level it needs to hit before it can charge the lucrative performance fees.
The AHL fund lost 2 percent in the period, and its average assets remain 14 percent below the level they need to achieve before the firm can begin to charge lucrative performance fees.
Some funds have been hanging on since 2008, trying to claw their way back to their peaks, or "high-water marks", at which point they can once again earn lucrative performance fees.
She signed lucrative performance and endorsement contracts, but her skating was hampered by injuries and a late growth spurt, and in 1997 she was arrested on drunken-driving charges following a single-car accident that left her with a concussion.
Similar(51)
But in many cases these smaller venues have been underused, remaining in the shadows of their grander counterparts, the sanctuaries of lucrative performances of Mozart or Puccini.
While she built a lucrative business, performance art's moment passed.
In a telephone interview from his home in Genoa, Mr. Luisi said opera and orchestra officials had gone behind his back to make a deal with ZDF, a German broadcasting network, over a high-profile and potentially lucrative televised performance by the orchestra next New Year's Eve.
He also occasionally gives lucrative private performances at meetings of large corporations.
In the fall, Charles had his first lucrative Nevada casino performances, which started with a three-week run at Harrah's Reno that was praised in Variety.
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