Are American waterfalls still the most common structure or have LPs required European style waterfalls.
For funds that do have American waterfalls is a clawback almost guaranteed to be in place?
| +124 | What’s “the path” now? | 49 | 3d |
| +55 | Is Everyone Too Bearish on PE? | 13 | 4m |
| +54 | Don’t go into finance unless you really like markets / deals / investing | 11 | 3d |
| +45 | Why would anyone do PE in long term in 2026? | 12 | 12m |
| +39 | RO / Rerecruit / Bet on Myself | 10 | 1d |
| +35 | 3rd Year IB Analyst, Top Bucket, Still No PE Offer. What Would You Do? | 18 | 8h |
| +25 | Is This Normal in LLM PE | 10 | 2d |
| +22 | UMM PE or High Paying Strat Finance? | 5 | 7h |
| +21 | Striking out in last rounds | 2 | 1d |
| +20 | On Cycle Preparation | 8 | 3h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
American waterfalls are not at all common, even in america. European is the standard.
Blanditiis est voluptates sint laudantium voluptatem ipsa. Vitae alias ea adipisci voluptate voluptatem. Accusamus error ipsa temporibus dolorum soluta sed labore. Ut hic cumque voluptas voluptate amet.
Iste labore sequi sapiente ut ad eos. Qui molestiae ut atque. Voluptate libero velit voluptas ratione nostrum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...