Maximum Allocation to Single Manager Sample Clauses
The "Maximum Allocation to Single Manager" clause sets a cap on the proportion of assets or funds that can be assigned to any one investment manager within a portfolio. In practice, this means that no single manager is permitted to oversee more than a specified percentage of the total assets, such as 20% or 30%, regardless of their performance or reputation. This clause is designed to promote diversification and reduce the risk associated with over-concentration in a single manager, thereby protecting the portfolio from significant losses if one manager underperforms.
Maximum Allocation to Single Manager. No Borrower shall at any time permit any single independent investment manager to manage investments of such Borrower having an aggregate fair market value greater than such Borrower’s Maximum Allocation at such time.