I have a PE job offer for an investment analyst role -- the fund has only two functional roles: investment analyst and fund manager.
1st fund $120mm (80% investments are done), starting a 2nd fund $250mm (70% capital raised).
Part of my compensation is. I was told that in order to get carry I will have to contribute some amount of money or buy in the carry pool. Since this is my first PE job offer, am not sure whether this is strange or industry standard.
I would really appreciate if people on this forum can provide some insight into this.