White Paper

June 30, 2026

Words: David Bodamer, Editorial Director

Bonus share programs in retail alternatives

Bonus share programs are gaining traction in the registered alternatives market as fund sponsors explore new ways to differentiate their offerings and enhance investor outcomes.

As adoption grows, firms must also navigate the operational, reporting, and servicing complexities associated with implementing these programs.

Developed by SS&C in collaboration with the Institute for Portfolio Alternatives, this whitepaper examines the key operational considerations, emerging implementation approaches, and industry challenges surrounding bonus share programs in registered alternative funds.

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