SM L/S Compensation?

Hi guys, so I'm currently at a large Credit fund doing special sits and some distressed. I've been talking to a much smaller L/S equity shop (1bn AUM) that runs a concentrated book and has had very impressive returns. The team is very very small and they're looking to raise additional capital next year. Curious what comp would look like for someone with 5-7yrs experience at a place like that? I appreciate bonus is up to founder's discretion, but would love to hear any insight anyone who might be at a similar shop may have. Is taking a % of P&L (after proving your own worth) possible at a place like this?