Typical LP/GP Structure with Smaller HFs

Looking at a few emerging managers right now and seeing terms that are kind of all over the place. Is there a good source to find what is normal with emerging managers with small HFs? All funds are fairly small, under $200M AUM.

I have a few sources for emerging manager data in PE but nothing at all for HF. Recommendations?

4 Comments
 

Do you know anyone who works at a PB desk and can speak to someone on cap intro team? I think I spoke to someone in that role in like early 2019 and they mentioned things like 1 or 30 terms or like 1/10 maybe. Not so sure I remember so well

 

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