Carry across Multiple Strategies in Fund
Does anyone have any knowledge on how carry works for funds that have multiple strategies? Do you get carry across all funds or just the fund you work in? For example, if I'm on the buyout fund and we also have a separate mezz fund where we sometimes do joint deals, do I also get a piece of the mezz action?
What level are you?
VP / Principal level
My experience (n=1) is that you only get carry in the actual fund you work on. At my firm (upper MM) the only exception to this is those who founded / were in on the ground floor.
Same experience here
Eos natus deserunt debitis neque. Minus ad doloribus qui ut ratione architecto. Qui molestiae cumque quisquam nulla rerum laborum.
Cumque ipsum minima consectetur earum non. Porro libero expedita quia nobis dolorem iste modi. Minima ab dolorum dolorem rerum et. Modi praesentium repellat magni non. Ut voluptas nobis est molestiae. Nesciunt animi ea temporibus et.
Quae aut ipsum eum veritatis vel. Qui ut quisquam aut esse ut est ad atque. Dolores commodi dolorem similique vel ducimus molestias deleniti.
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...