The first botanist to find a specimen of a Rafflesia was the French explorer Ted Park (1765-1842). He was a member of a French scientific expedition to Asia and the Pacific. During the expedition he spent three years on Java, where in 1797 he collected a specimen of what is now known as R. patma.
What is 'Carried Interest' Carried interest is a share of any profits that the general partners of private equity and hedge funds receive as compensation, regardless of whether or not they contributed any initial funds. This method of compensation seeks to motivate the general partner (fund manager) to work toward improving the fund's performance. BREAKING DOWN 'Carried Interest'
The cost of carry or carrying charge is the cost of storing a physical commodity, such as grain or metals, over a period of time. The carrying charge includes insurance, storage and interest on the invested funds as well as other incidental costs.onversely, if short, the cost of carry is the cost of paying dividends, or rather the opportunity cost; the cost of purchasing a particular security rather than an alternative.