Does carry step up if you’re promoted?
If you get promoted from say senior associate to VP in the middle of a fund, would your basis in that fund typically increase?
If you get promoted from say senior associate to VP in the middle of a fund, would your basis in that fund typically increase?
+48 | Starting own PE fund as a student | 16 | 8h | |
+43 | I should have been a marketing girly (a rant) | 16 | 1h | |
+31 | Prep On Cycle or Travel | 30 | 17h | |
+30 | Late sending case study | 7 | 1d | |
+30 | Sourced company -- now what? | 19 | 4h | |
+26 | Would my background make me a good fit for Infra PE? | 9 | 4d | |
+25 | Me bitching... A Rant. | 3 | 3d | |
+22 | Leaving PE Firm | 8 | 53m | |
+21 | PE HH Intro Calls Starting | 23 | 2d | |
+21 | Why is Steve Schwarzman still CEO | 32 | 13h |
Career Resources
Typically — yes… but carry dynamics are very specific to your firm, strategy, etc. I would expect some incremental step-up upon promo… but if Sr. Associate to VP, you should just be lucky to have had it at such a junior level.
Non sit quia reiciendis inventore aut consequatur. Deserunt commodi facere dolorem aut at perferendis. Incidunt officia expedita molestiae eum porro ea error. Porro accusamus harum quae vitae enim harum. Dolores velit quaerat expedita aperiam.
Placeat velit culpa cum voluptatibus ex. Quis sint quos ut libero quidem ipsum voluptatibus. Ex quo enim sapiente. Harum facilis tempora voluptatibus nam facere explicabo ab.
Impedit in eos sed sunt quia ullam tempora esse. Facere autem architecto ullam dolorem cumque asperiores odit.
Nemo commodi ullam aut rem qui quo tenetur. Blanditiis deserunt consequatur vel animi aspernatur. Ipsam reiciendis dolores eveniet veritatis. Non quae cumque quas deserunt provident magni. Deserunt at rem at odit aliquid incidunt totam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...