Any horror stories regarding carry?
Can anyone share any horror stories regarding carry?
Any thing to watch out for?
Ridiculous clawbacks?
Funds blowing up?
Can anyone share any horror stories regarding carry?
Any thing to watch out for?
Ridiculous clawbacks?
Funds blowing up?
Career Resources
Following
Know of an energy fund that had an American waterfall with a clawback. Paid out something like $900M of carry (fund of like 20 people) in the early 2010s that all got clawed back a few years later because they tanked after oil prices cratered.
There were partners who had gotten 8-9 figure payouts that they had to come up with again
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