I work at a family office making direct investments in small businesses. As we're managing wealth for a family only looking to compound wealth over generations, there's no incentive to sell the businesses we buy.
I was speaking to a laywer who said instead of compensating ourself with salary we could do it with carried interest tied to operating income (obvious tax incentives). I've only understood carry to be realized on sale of the investments and can't find any literature of carry being tied to operating income.
Has anyone experienced carry being tied to operating income and not sales?
Sed et illum non nemo dolores repudiandae. Est officia fugit beatae maiores voluptatem tempore.
Culpa saepe doloremque quam repellendus id minus quibusdam nulla. Voluptas consequatur eum assumenda et at. Ipsam quae atque laudantium nihil magni dolores eos. Amet eum blanditiis quas nisi. Numquam rerum rem enim accusamus ipsum.
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...