NO.PZ2021103102000012
问题如下：
If an investor is worrying about that the general partner can receive incentive fees in excess of the agreed-on incentive fees by making distributions over time based on profits earned rather than making distributions only at exit from investments of the fund. Which of the following is most likely to be added to the investment agreement?
选项：
A.a high hurdle rate B.a claw-back provision C.a lower capital commitment解释：
B 正确。追补条款要求有限合伙人退出时，必须拿回投资协议中约定的初始投资和利润，如未能按约定赎回全部金额，可以要求普通合伙人返还任何已分配的绩效奖金。A选项错误，高门槛收益率只会影响普通合伙人较难收到业绩奖金，会降低但不能防止普通合伙人过度分配的可能性。 C选项错误，承诺投资额仅影响管理费，不会影响绩效奖金，所以错误。
【问题一】
the general partner can receive incentive fees in excess of the agreed-on incentive fees by making distributions over time based on profits earned rather than making distributions only at exit from investments of the fund. 这句话是什么意思？投资人是担心GP收到过多的绩效奖金？
【问题二】
B选项是clawback provision，但解析却提到追捕条款，是不是错了？
