Associate comp Increase after new fundraise?

Is it common for associate comp to bump after each new fundraise (especially if significantly larger fund)? Have a 2024 offer and my fund is supposedly significantly oversubscribed in new fund that is going to close soon, so was wondering if my comp would end up being higher than what is in current offer letter. 

Or do the carry recipients eat up all the incremental increase? 

1 Comments
 

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