Carried interest distribution after fund closing
Is it typical to allocate carry to new hires—such as senior associates and above—who join shortly after the final close of a fund? Consider a situation where most of the capital is yet to be deployed, and the new team members are brought on to help execute the remaining investments and manage the existing portfolio. These individuals would need to be incentivized, especially since the next fundraising cycle might still be a few years away.
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